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Updated about 5 years ago on . Most recent reply

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38
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15
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Eddy Wehbe
  • Rental Property Investor
  • Boca Raton, FL
15
Votes |
38
Posts

If you have $200k sitting in your checking account

Eddy Wehbe
  • Rental Property Investor
  • Boca Raton, FL
Posted

If you have $200k sitting in your checking account and wanted to invest them in Florida, what would you look for in a market like the one we have now. 
- Would you buy 4 condos where you give $50k in each and finance the rest? 

- or give all $200k and buy somehting bigger and finance the rest?

- or buy something in $200k cash?

- other opinions and options are welcome.

Most Popular Reply

User Stats

124
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148
Votes
Aaron Flake
  • Real Estate Agent
  • Mukilteo, WA
148
Votes |
124
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Aaron Flake
  • Real Estate Agent
  • Mukilteo, WA
Replied

I'd use a portion of the $200k on a multifamily home and the other portion to rehab. Finance the remainder.

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