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Updated over 4 years ago on . Most recent reply

User Stats

3,019
Posts
2,320
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Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
2,320
Votes |
3,019
Posts

Buy or lend with $80k

Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
Posted

It happened.  No, not that stranded British solider or that Nigerian prince that have been wanting to deposit $10MM in your bank account for years now, but you did come into some money. $80,000 to be exact.

In this market you could buy entry-level rental homes that rent for $875 per month, or your lend this money out to other investors. 

What would you recommend?

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