How would you go about leveraging a few hundred thousand dollars?

Question

If you were starting out and had a couple hundred thousand dollars (or three) to get started as a REI, how would you best leverage your money to maximize your effort applying a cash flow and equity growth strategy?

Rosston Smith · Answer

I'd spend 80% as a down payment on a large multifamily property. The 20% would be reserve funds, and I'd hire property management immediately.

Ray Slack · Answer

Really depends. On your areas of expertise and your tolerance for risk vs reward. I see you are in Hawaii. You may want to look into Vacation rentals. They have one of the highest returns but are very management intensive. Flipping is one of the best returns but you need a lot of knowledge/skills. Real Estate and construction knowledge.

How would you go about leveraging a few hundred thousand dollars?

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