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Updated almost 5 years ago on . Most recent reply
What would you do with 20k?
I have 20k in savings that is designated for real estate. I’m currently house hacking with my first ever purchase that I’ve lived in for 2 months now. I am just wondering what you guys would do with 20k+ in savings for real estate?
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Nick Rutkowski
#2 General Landlording & Rental Properties Contributor
#2 General Landlording & Rental Properties Contributor
- Rental Property Investor
- Ithaca, NY
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Nick Rutkowski#2 General Landlording & Rental Properties Contributor
#2 General Landlording & Rental Properties Contributor
- Rental Property Investor
- Ithaca, NY
@Drew Lamb
If you’re rehabbing, use the money to repair your house then refi out into another house. If you’re looking to buy another house use your money as a downpayment. You live in Ohio, so chances are you can find a house for under 100k.