1 Million $$ +Leveraged money. What is best investment

[Raj G.]

It may be a typical question ,But now-a-days scenario is like never before ,we are under once in 100 year pandemic and Mortgage rates almost zero, some people predicting a big crash ahead, some people are highly optimistic.

Question is :

If somebody in north NJ has around 1 million $$, and with good credit history, he can take whatever best/max possible mortgage to leverage .

What should be best investment and where ?

like apartment complex, commercial property, multiple SF/MF(2-3 apts) in NJ, NY or in PA or some other place

Commercial properties are down, not sure it will go up sooner or will be like that for long time?

Please share your views...Thanks

[Caleb Brown]

Possibilities are endless. A few questions you need to answer...

How much experience do you have? 

What are your 6 months, 1 year, 5 year+ goals?

Are you comfortable with long distance or local cities?

Do you have a team established?

1 mill would be a lot to blow. A few popular niches are commercial, small/large multi family, mobile home parks, storage facilities, BRRR/Value add etc. Personally value add or BRRR help scale the most. Finding deals can be the hardest part.