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Updated over 7 years ago on . Most recent reply

User Stats

22
Posts
8
Votes
Benjamin Herrmann
  • Residential Real Estate Broker
  • Portland, OR
8
Votes |
22
Posts

What woudl you do with 100K

Benjamin Herrmann
  • Residential Real Estate Broker
  • Portland, OR
Posted

If you had 100K to invest in real estate what would you do with it? Would you loan it out to another investor? Spend it all on farming? Buy a small home for cash? Put a down payment on a multi-family?  I'm curious what everybody thinks the highest and best use of 100K is. I look forward to your comments!

Most Popular Reply

Account Closed
  • Investor
  • Denver, CO
582
Votes |
736
Posts
Account Closed
  • Investor
  • Denver, CO
Replied
Originally posted by @Michael Plante:
Originally posted by @Account Closed:

I would buy four single family homes for cash in the midwest.  Essentially, that would create a small portfolio of properties that would support itself...then I would look into expanding.

 Sounds interesting

Would you mind saying what area has houses for 25k including fixing my what need to be fixed?

M

There are multiple places throughout the Midwest.  I own two houses in Indiana - I paid $4,000 and $7,000 for.  Kentucky, Ohio, Tennessee (though TN is getting pricier), etc etc.  Do a nationwide Zillow search on homes between $1075 and $25000 and you’ll be surprised at what you find.

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