What should I do with $100,000?

[Deonte Watkins]

Hello Bigger Pockets Family,

Im looking to invest in real estate but not quite sure how. I have $100,000 cash but currently do not qualify for pre-approval. How should I invest my money? Should I buy a property in cash, or should I invest in others? What are your thoughts?

[Deanna O.]

Hm. If I were you, I would continue to waltz around websites full of wolves with a pork chop tied around your neck. As an added bonus, maybe you could list your full name, address, and social security number, mother's maiden name? While MOST of the posters on BP are wonderful people, the lure of naïve investors with $$$ has of course had the sharks circling too.