All Forum Posts by: Ejy Mirjan

Jeff Rabinowitz I would advise you to start small and with minimal debt. "Professionals" will advice you to leverage the funds, but I would exercise caution with this strategy unless your very experienced as an investor. I would encourage you to purchase properties with cash, learn the craft and later if you want use leverage. I've known many that grew to quick and now their out of business. Best of luck to you!!

Good advice. Thanks Perry. I know a friend who got hit hard during the downturn in 2008 because he had little capital invested while he took out hefty loans. Luckily he got out of debt since, but it was a tough climb back up. I am definitely leaning towards a cash investment...at least for now.

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Originally posted by @Jeff Rabinowitz:

"...what, if any, current income you would like from your $150K you will be well on your way to finding your best answer."

Very helpful. I would like a sizable return on the investment in the short term; i.e. rental income. That answers my question.

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I am on my way to invest in my first "buy and hold" property and I am sitting on some; $150,000+.

I don't know whether I should buy 1 property with cash or get a loan and buy several properties.

Any suggestions would be appreciated!

Thank you!

Ayad

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I decided to invest in real estate just a few months ago and I am still in the researching process. I obviously 'am a bit anxious about the whole thing, but also excited about what the future may hold.

I am currently in the process of identifying an area where I can start my investment. I live in Northern Virginia, but i am open to buy anywhere in the States. Does anyone have an idea as to what the best areas to invest are? what states? and specifically, what cities?

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All Forum Posts by: Ejy Mirjan

Ejy Mirjan has started 8 posts and replied 24 times.

Post: Buy with Cash or Get a Loan?

Post: Buy with Cash or Get a Loan?

Post: Buy with Cash or Get a Loan?

Post: Best Investment Areas