My friend has 250k and good cridit, how he can

[Baset S.]

My friend has 250k cash free and clear, with good credit and only car payments loan, also he does not own a house and he does not need one now, cash flow is the most important thing for him now. How can he make the most cash flow out of 250k ? Should he buy multiple duplexes and use it all on down payments ? Other ideas ?? Thank you

[Jon Schoeller]

This question is near impossible to answer without knowing your location. There are so many different strategies he can use but it depends on what works in his area and what opportunities he has access to. Also his income matters. 

He could loan that money as a private lender and get 8-12% return. 

He could put a down payment on a large multi unit and finance the rest 

He could put multiple down payments on multiple units 

etc. 

He is in a great position to get a nice head start. He just needs to be patient and smart and be careful who he trust. I know as as I was in almost the the same situation. Tell him I said good luck!