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Updated almost 3 years ago on . Most recent reply

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Jeff Miller
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Jeff Miller
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Jeff Miller
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General Real Estate Investing

I've been saving cash and now I want to buy an investment rental

Jeff Miller
Posted

I have >$400k saved and accruing zero interest in my savings account :(

What is a good bet for my first investment property? I'm thinking single family home; rent it out for a few years and ride the equity wave. 

Fort Worth, Texas
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Joe Villeneuve
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  • Member since Jul 7, 2013
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Joe Villeneuve
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
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$400k in cash means you have in your hands $2M worth of RE.  That's a lot of cash flow if you buy the right properties.

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