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Updated over 6 years ago,
What would u do with 50k?
Hey guys, what would you do if you had 50 K cash?
1) Pay off your house completely so you would be mortgage free (let’s pretend that’s your mortgage balance)
2) Buy a 250k multi family that brings you 1k per month in cash flow Close to big city (1hr away )
3) buy 10-20 single family ( which is almost the same as The same amount of units Multifamily )that cash flow’s $200 per door , which would roughly give you $2000- 4000 cash flow per month