How would you invest $250k to Scale/Grow
Hey BP!
If you had access to 250k cash - How would you invest it. This 250k is cash no interest. What would you do to quickly grow and scale this money? Next, who would be silly enough to lend that money free and clear but what if?
Would you BRRRR? It seems like a great strategy. Lots of steps where the process could go wrong - But the juice could be worth the squeeze.
Would you look to invest in turn key single family homes? Condo's? Townhomes?
Would you look into Duplex/Triplex's?
Would you look into a higher price point, with potential for appreciation, and potential better tenants. Or be able to buy twice as many at a lower price point with similar cash flow?
How would you look to scale the business to be able to grow exponentially? I see 250k investments that would yield a 300-350/mo cashflow - But is a 45k down payment the right way?
What does everyone think? I see lots of posts regarding these individually but collectively what is a good general concensus?