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All Forum Posts by: Cihan Sahin

Cihan Sahin has started 2 posts and replied 4 times.

Post: Where to invest 100k?

Cihan SahinPosted
  • Posts 4
  • Votes 1
Originally posted by @Jamiel Strickland:

@Cihan Sahin,

If you come to Detroit, easily cash flow and have a good rental portfolio. I am not sure what your goal is to investing but if done right you can do well here.

Thanks @Jamiel. I can come to Detroit which I have heard from many others as well. I heard Google is about to expand there also. I don’t know much about Detroit and I am far away but if there are good real estate agents and property managers that I can work with remotely please let me know...

You asked about my goals. I don’t need a lot of positive cash flow in the short term, I am more interested in longer term appreciation. Around 4-5 years. If I put this as down and the rental income pays off the mortgage and I know the property is appreciating than I would be happy...

Post: Where to invest 100k?

Cihan SahinPosted
  • Posts 4
  • Votes 1

We have a home and a mortgage about 4k a month. We have about 100k cash in the bank.

Where should we invest? What you think?

- down payment for a 500k apartment in a prime location and rent it out. Short term or mid term.

- buy a single family house away from city for flipping

- buy multiple properties in a city like Detroit and give it to property management companies for rental.

- inves in stock market

- keep cash

- put the money in current mortgage to reduce  monthly

Thank you!

@Seth Ferguson Thanks for the pointers. The country does have a treaty agreement with US to prevent double taxation so thats good. Can I leverage my personal credit for an LP?

@Basit Siddiqi yes we took this into consideration already. We would get the TIN and submit tax return on the US based sources. 

I have friends and relatives outside of US who wants to invest in real estate in US. I am a US citizen with an excellent credit and already own a home in CA. I have been living here for 15 years.

The plan is to bring about 150-200k fund from outside of US and combine it with my 100k to invest in rental properties. 

I am looking for guidance on a structure that is:

- Most tax efficient from capital gains 

- Most cost effective to maintain the structure

- Allow me to leverage my personal credit 

Any guidance is appreciated.