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Updated about 8 years ago on . Most recent reply

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20
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Colin Kamesh Raja
  • Investor
  • South Ozone Park, NY
0
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20
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Need some information regarding the choosing the right path.

Colin Kamesh Raja
  • Investor
  • South Ozone Park, NY
Posted

Hello Everyone, 

Hope you all have wonderful holiday, I have e-commerce business but i really want to invest in my profits/money in real-estate to get solid cash flow. I flip and live in one property and i don't much time to do flip and hold property and also for different type of business. since i live in New york, i couldn't leverage myself to get multiple property here and to have active cash flow. 

Please help me to choose how i can take it forward my investment. 

1. Invest in the multiple turnkey property to get the solid cash flow out of state ( would you recommend some of the state to own a rental properties. 

2. or Invest something multi-family property or multi units apartments.

3. or keep invest the money in the business what i'm doing now( e-commerce). 

and also i would need some mentor to guide in real estate. I'm good in  facebook advertisement and Instagram marketing and other SEO process, i wouldnt say i know everything but i can guide you through the process if you need anything related to SEO. 

Looking forward for your suggestion and happy new year. 

Many Thanks!

Colin   

Most Popular Reply

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5,544
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2,364
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
2,364
Votes |
5,544
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Replied

(1) will have only small cash flow due to the turnkey and related PM

(2) is a better choice as there will be more rent income (GSI) with little increase in expenses. The MFU 2-4 market may be easier to find prospects, but 5+ will be easier to get the loan IF you can take the LTV hit of 20-25% down.

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