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$500k to invest in STR’s. Cash purchases or leverage?
My sibling passed away back in Sept of last year. I was left the executor of her assets/estate. Just sold her house and have around $500k to invest. Looking to sink it into real estate. I know the options are endless but we live near the beach and are looking at STR's.
Having a hard time deciding on paying cash for 2-3 properties vs leveraging 5-6 properties.
What would you do?