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Updated over 4 years ago,

User Stats

9
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4
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Gustavo Juarez
4
Votes |
9
Posts

Best way to invest 60-70K for passive income??

Gustavo Juarez
Posted

Hello all, my goal is to achieve financial independence through passive income and I am very excited to begin investing in real estate.

I am in the middle of a cash out refi on my only rental property and I expect to pull out around 60-70K.

What is my best/realistic option at making the best use of this capital?

I am completely new to real estate investing and would appreciate any pointers from experienced investors.

Thank you!!

PS I live in Milwaukee, WI and the market is very hot right now. Duplexes in my area go from 75-150K and I would like to invest in more of them or even triplexes or fourplexes.

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