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Updated over 9 years ago,

User Stats

10
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0
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David T.
  • Lakewood, OH
0
Votes |
10
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What would you do with $150,000?

David T.
  • Lakewood, OH
Posted

From my readings on this site it is clear that the main goal is to position yourself into using other peoples money to become a real estate mogul.

I'm just curious what strategy you would recommend if you came into $150,000 tax free cash?

For the sake of argument you have no debt to pay off other than a single mortgage?

Would you pay off that mortgage and use an equity line of credit to build off of?  Keep the mortgage as you are writing off interest?

Use it all for flipping?  Get into commercial properties by finding an apartment?

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