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Updated over 6 years ago, 03/27/2018
$450k. Ideas on how to invest it
Scenario: $450k to invest
Background: Currently have 7 SFH rentals (turnkey purchase) that are currently financed with 1 commercial loan (so that I could get HELOC to pay off house and car notes quickly) and 1 tear down / new build under my belt. Have a busy W2 day job and not a lot of free time.
Goal is growth of current portfolio to ultimately fund retirement. I am currently 54 yrs old.
Given the above info, how would you invest the $450k? All SFH rentals? Another tear down/new build? Learn and do MF investment (small or join large deal)? Notes? Raw land flipping?
Just looking for ideas and opinions. Bring it on!