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Updated almost 2 years ago on . Most recent reply
What would you do with 1,000,000
I'm being blunt here and I want what people would do and why they would do it. I'm new to the community and have one rental, and working g on one flip. I'm about to sell my 15 year long business which I will come out with 1,000,000 take home. I'm very interested in rentals and flips and brrrr's. Please give me what and why and how's. Thank you bigger pocket community
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#5 Commercial Real Estate Investing Contributor
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- Fairfax, VA
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#5 Commercial Real Estate Investing Contributor
- Investor
- Fairfax, VA
Ive been there so I’ll answer your question. I took my money and bought 4 single tenant lease assets. I bought a UPS store, cafe, vet office, and a tropical smoothie cafe. My why is because its passive. and you asked how? 25% down with financing. I might do one flip here soon, but only to teach my kids about real estate and get their hands a little dirty. Congrats on the sale of your business!