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Updated over 7 years ago,

User Stats

10
Posts
1
Votes
Jagpreet Singh
  • Fremont, CA
1
Votes |
10
Posts

40k to invest. Very short term goal. Where to look?

Jagpreet Singh
  • Fremont, CA
Posted
Our fault just recently grew and we have a need to buy a new car. A used Audi Q7 is going to run around 35-40k or a monthly payment of $400-500. I don't want to waste the money by paying cash for the car. I was hoping on guidance on a rental property that I can invest in with that much cash which in turn can net me 400ish a month to take care of car payments. I am based out of fremont, CA and there is nothing remotely close to here which could be had for 40k in hand. I am looking at something which. Property management company can help with and eventually grow the portfolio in same region. Y adding more properties. Any guidance would be appreciated.

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