I would like to put the money into purchasing another investment property.

Hello @Melissa Sejour,Choosing an investment city is the most important decision you will make, so you are wise to carefully consider your options.Where you invest depends on your goals.

However, I'm in the middle of a cash-out refinance of an investment property I already own.

Or if you are able to connect to public water &  sewer, this would make the investment much easier.

I’m an ex realtor who also has some experience working for a private equity group for a short time before I got a really good gig in a completely unrelated industry that will allow me to have options when investing.

If you're having to go out and "raise" your entry fee, you might want to think about other investments until your cash grows.

Quote from @Jonathan Jackson: Hello, my is Jonathan Jackson I am new to the real estate investing world.Congratulations.....

In other words, I think we will probably have to be on the hunt for a very good deal or a very distressed property, and will not be investing in million-dollar multifamily properties... yet!

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Seeking feedback about the Momentum 2025 Virtual Investing Summit.Have you attended a past summit?