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Updated over 5 years ago,
If you had 100k to invest.... But won't take on debt...
Fellow investors,
Someone recently came to me, who is in their 60s with 100k in cash that they want me to invest. Because of their age and risk tolerance they don't want to take on any debt, but would like this money invested for 5-7 years.
Any thoughts on some good options? I'd like to get at least 10% on it.
Some things I have thought of...
Finding a 4 plex somewhere in a B area (if possible)
Passively investing in a commercial real estate deal (but usually around 6% and holding around 10 years
Note investing
Turnkey property(s) and sell 5 years later
Any ideas are appreciated!!!