Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago,
Maximize benefit of being cash rich
Hello Everyone:
I am new to BP but am loving the culture that I am encountering.
My question is what strategies would you employ if you had 300k of cash to invest?
Background: I own and operate a successful business with good cash flow, I have roughly 20 hours a week to spend on investing and good to great credit. I live in Buenos Aires and as such can not visit properties or have face-to-faces with seller or loan officers, etc...
My thought until now has been to leverage my cash acquiring conventional financing on four SFRs. However, I keep reading how difficult it can be -- especially for a first-time investor -- to find a DEAL so I do not want to start with a strategy that is dependent on finding several of them a year.
Perhaps is would be easier to secure a great DEAL offering an entire cash purchase?
Looking forward to your responses.