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Updated over 6 years ago on . Most recent reply

Logan Gonzalez's profile image
Logan Gonzalez's profile image
Logan Gonzalez
  • from Corpus Christi, Texas
  • Member since Feb 9, 2018
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Logan Gonzalez's profile image
Logan Gonzalez's profile image
Logan Gonzalez
  • from Corpus Christi, Texas
  • Member since Feb 9, 2018
Connect
Logan Gonzalez
  • Corpus Christi, TX
1
Votes |
5
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Personal Finance

How should i invest 70k?..

Logan Gonzalez
  • Corpus Christi, TX
Posted

Hello, I own a rental property and I have paid it off in full free and clear. It is worth approx. 100k, I have been basically pre approved to cash out on the equity and receive 70k loan with monthly payments of $700. How should I re invest that money? I am tryin to purchase more and more rentals to achieve freedom number. I am in Corpus Christi Texas. Thank you!

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Logan Gonzalez's profile image
Logan Gonzalez's profile image
Logan Gonzalez
  • from Corpus Christi, Texas
  • Member since Feb 9, 2018
Connect

User Stats

5
Posts
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Votes
Logan Gonzalez's profile image
Logan Gonzalez's profile image
Logan Gonzalez
  • from Corpus Christi, Texas
  • Member since Feb 9, 2018
Connect
Logan Gonzalez
  • Corpus Christi, TX
1
Votes |
5
Posts
Logan Gonzalez
  • Corpus Christi, TX
Replied

Thank you for the feedback so far, I actually think I figured out the general formula and equations using a mortgage calculator. Thanks again.

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