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Updated over 5 years ago on . Most recent reply

User Stats

555
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148
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David Smith
  • Rental Property Investor
  • NJ/PA
148
Votes |
555
Posts

How long it takes to convert $1M to $5M

David Smith
  • Rental Property Investor
  • NJ/PA
Posted

Speed and low risk are key. 

How will you play with bank money , fixer-upper, cash flow , equity value transformation and market environment to snowball the profit ?

If you have $1M cash , how long will take you to make it to $5M or $10M  cash ?

Most Popular Reply

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1,384
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3,263
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Frank Wong
  • Real Estate Broker
  • Bay Area
3,263
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1,384
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Frank Wong
  • Real Estate Broker
  • Bay Area
Replied

That is sure high risk high reward investment. Odds are stacked against you but good luck.  The reality is someone with $1m will not ask people on a forum how to get to $5m.  You want to get to $5m go ask someone who has $10m. 

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