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Updated almost 10 years ago,

User Stats

21
Posts
6
Votes
Jason Evans
  • Real Estate Investor
  • Hillsborough, NC
6
Votes |
21
Posts

Use all capital for real estate investing or save some for opportunity

Jason Evans
  • Real Estate Investor
  • Hillsborough, NC
Posted

I wanted to get a real estate investor view on this.  I sold my first home and netted $60,000.  My intention is to invest the money in a income rental property/ properties (ideally multifamily) not to live in. As a real estate investor would it be ideal to use most of the capital for real estate investing at once, as in down payment and rehabs, or find a property that would use for example 50% of that and hold on to the 30,000 incase a great opportunity down the road comes along.  What would a seasoned real estate investor do? 

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