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Updated about 8 years ago on . Most recent reply

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NIc Green
  • Austin, TX
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How would you invest $150,000

NIc Green
  • Austin, TX
Posted
Hey investors, I have a quick question for you. Well, maybe 2. How would you invest $150K, & why?

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Anthony Dooley
  • Investor
  • Columbus, GA
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Anthony Dooley
  • Investor
  • Columbus, GA
Replied

You could send it to me and I will take care of it for you. LOL

I would market to landlords and offer to purchase their tenant-occupied houses in a package deal for cash or by using one mortgage loan for the package.  I have purchased cash flowing properties using a commercial loan with 30% down and financed  the rest. 

Or, buy as many houses you can with that cash in the lower-middle of your market. The cash flow will be excellent with no mortgage, which allows you to save up more money very fast to buy more property. $100 per door is not worth the trouble.  You don't need good credit if you have cash.

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