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Updated almost 10 years ago,
Use all capital for real estate investing or save some for opportunity
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?