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Updated over 5 years ago,

User Stats

2
Posts
1
Votes
Larry L.
  • Contractor
  • Monroeville, NJ
1
Votes |
2
Posts

What to do with $300,000

Larry L.
  • Contractor
  • Monroeville, NJ
Posted

Hey guys! I currently have a single family home I rent as well as a duplex. I’m looking to get involved heavy with multi family and was recently approached by my uncle who offered me a $300,000 loan to invest with. How would you guys approach investing in real estate with this kind of money? Buy, fix up, rent, refinance and do it again with several properties or just use that money for 25% down payments on several rentals and use the income to fund other multifamily purchases?

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