Innovative Strategies
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago on . Most recent reply
![Jake Smith's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2555501/1694923349-avatar-jakes487.jpg?twic=v1/output=image/cover=128x128&v=2)
Building a long term buy and hold strategy
Hello BP,
Im looking for ideas and input on building my long term buy and hold strategy,
My goal is 500,000 per year net cashflow in ten - fifteen years through long term buy and hold rentals with a medium risk tolerance.
I just turned thirty so time is on my side.
I currently have six doors, total net cashflow with the six doors is 3000 per month.
If it helps, my total net income per year is about 120,000.
I have 175,000 dollars liquid that Im trying to decide what to do with, my long term goal is getting out of SFH and into multifamily properties to scale faster.
I love the day to day of the real estate business so I don't want to give it to a syndicator or be a hard money lender.
What would be the most efficient use of the 175,000 to get to my goal?
Would you use 125,000 of it as down-payments on five-six single family homes to immediately increase monthly cashflow, or would you hold it and wait until you had 250-300k to invest into multifamily properties?
Ive looked into other "what would you do with..." posts and haven't seen this specific question asked.
I really appreciate all feedback and ideas, thank you in advance.
Most Popular Reply
![Nate Sanow's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/549668/1621492336-avatar-nates16.jpg?twic=v1/output=image/crop=690x690@0x0/cover=128x128&v=2)
I wouldn't use any of it as a down payment if I can manage to find a HML with 100% LTC options in your area (I have in mine) and I'd go brrrr all day to reach that goal, keeping the 125 as reserves/ rehab money. I'd also expedite by finding 30 year lenders who don't need seasoning for refi.