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Updated almost 10 years ago on . Most recent reply

User Stats

391
Posts
257
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Chris L.
  • Investor
  • Fort Wayne, IN
257
Votes |
391
Posts

Looking for ideas to reinvest a 7 figure amount

Chris L.
  • Investor
  • Fort Wayne, IN
Posted

I presently have a chunk of our SFR homes under contract which will yield a 7 figure return after taxes and fees.

(Of course, there is no guarantee that we ever get to closing and this will be an irrelevant discussion.)

I can repeat the same process which created this return in the SFR arena. I have created 25+% returns with leverage and I can replicate that process again although it will take time to redeploy that capital.

With the intention to always be learning, I am soliciting ideas that would return 20+% at a minimum on a 7 figure cash basis.

Thanks in advance for the BP world of wisdom.

Most Popular Reply

User Stats

119
Posts
80
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David H.
  • Real Estate Investor
  • Harvey, LA
80
Votes |
119
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David H.
  • Real Estate Investor
  • Harvey, LA
Replied

what's your rationale for not using the 1031? Paying tax later is always better than paying taxes every time you sell. It's the classic case for the ira or 401k. For small deals, the $800 fee isn't worth the trouble. For a multi million dollar deal, spend some time and money to save some taxes that you can reinvest in more property.

as for private lending, what went bad? Assuming you can underwrite an asset, get an appraisal, and hire a title attorney to handle the transaction, you should be able to make money.

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