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Updated about 8 years ago,
if you had 20K? what would you do with it?
Hi BP,
how would you invest your 20K?
with all the options in RE i want to see what you would do with 20K.
my situation:
1. i will be stationed in the US in 10 months and will have 20K to invest.
2. i will need to live in what i invest in, whether that be 1 unit in a duplex, or the SFH i invest in.
3. i am not sure what loans i qualify for. i will find out when it gets closer to the time when i move.
4. i will try to use a VA loan (no down payment, etc.)
so would you split it up and put 10K as a down payment and 10K on rehab on a fix/live? sell when its time to move or rent it out when i move?
would you invest the 20K in a duplex? maybe even 15K and have 5K for rehab?
any other options you would advise on: please explain the reasoning.
thank you!