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 over 7 years ago,
Stand-alone Real Estate Finance
Guys - just wanted a quick bit of advice. I just wrapped-up my working career. I am fairly asset rich and fortunately will not need to work for someone else again. My net-worth outside of my Florida personal residence (which I own free and clear) is over $3 million. I am a skilled stock market investor and have significant cash and access to cash and besides cash can also draw on a pension at anytime I want (currently the pension is $34k p.a. but will grow by $2k p.a. each year I defer drawing on it). I have no major expenses or debts, besides normal living expenses. My question is that with my resources (largely cash and liquid investments) how difficult will it be to bring stand-alone property investments (triplexes, fourplexes and larger MF) for financing to local banks in South Florida? I'd like to diversify into property investment for the challenge and personal interest and to simply diversify my assets. Thanks in advance.