What would you do with 300k cash?

[Account Closed]

Need advice on where to start

[Chris Soignier]

I'd invest $100K each in 3 solid multifamily syndications led by sponsors I know, like, and trust.  If I was just starting out, I'd probably divide it into 6 $50K MF deals to achieve better diversification of markets/submarkets and deal sponsors.

I also question the desire to pay off investment-related debt in this time of record-low interest rates.  You definitely don't want to over-leverage, but this is a historically great time to borrow money on cash-flowing assets, and leverage is the special sauce that can transform real estate from merely cash flowing to multiplying your wealth.  Instead of paying down leverage over time, I'd look into cash-out refinancing as appreciation becomes significant and rolling the proceeds into acquiring more cash-flowing real estate assets.