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Updated over 1 year ago on . Most recent reply
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$100k in liquid cash, $. In todays market what could I do with that kind of money?
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Josh Young
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- Rental Property Investor / REALTOR® / Property Manager
- Gilbert, AZ
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Quote from @Account Closed:
Quote from @Tony Nuttall:
Quote from @Josh Young:
@Tony Nuttall you could use as little as possible, like 3-5% down to buy a primary residence and turn your current home into a rental, then do the same thing next year and again the year after that, this will get you three rentals. Or you can go buy one investment property at 20-25% down and have one rental.
I agree that small multi family could be great too, just be careful not to overextend yourself with only $100k if you need to rehab, stabilize and have reserves.