What should I do with $100K cash?
I live in Los Angeles and am new to real estate investing. I have about $100K saved up and am able to save $4k/month. My goal is to build a large enough portfolio to live off of (I'm still in college). I'm interested in BRRRR but not sure which market -- maybe Cleveland or Columbus? I've been reading a ton about real estate, and I'd be interested in becoming an investment-friendly real estate agent. Would it be possible to do deals in the Midwest while I'm still going to college in LA?
Please reach out if you have any real estate groups I can join!
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I live in Texas. I invest in TN, TX, OKla, FL, SC... Oklahoma has the most potential. Prosperity Bank serves both TX / OK. They will lend on stock / ETFs / Mutual Funds. Invest in a stock or fund with a huge upside on appreciation (think AI / Robotics). Collateralize it for the down payment of a discounted buy in OK / TX. Rock solid rental while the money is in the stocks doing double duty as the principle investment as well as your down payment equivalent. Buy the rock solid rental and get your appreciation, cash flow, depreciation, principal pay down, equity capture on a discounted by and forced appreciation gain for a well targeted rehab.