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Updated almost 5 years ago,
What would you do???
If you had a "large" amount of cash saved up, zero debt, minimal monthly expenses, a 6 figure W2 job, and were 22 years old looking to start ASAP, how would you start?
I believe my best course of action is to start by maxing out my conventional financing limits on 1-4 unit properties in my targeted areas out of state that provide great cash flow. Please correct me if I am wrong but I think cash flow is the most important measure to maximize early on. I would consider myself a moderate to high risk individual and plan on learning as I go forward but want to be smart and very realistic with LTV ratio and not setting myself up for failure.
Love to network and plan on diving into investing by early spring time. Would love to hear any creative investment strategy that you did or wish you did when you were young and starting out!