Need some advice on where to put cash

2 Replies

I have 280K that I am wiling to invest. I've done well in the past with rental condos. I have 125K equity in my home. High 800s credit score. Thinking of a heloc loan... that way i dont have to use my money.

Also thinking of doing small loans.. 

any input guys and gals?

Originally posted by @Paul Martin :

I have 280K that I am wiling to invest. I've done well in the past with rental condos. I have 125K equity in my home. High 800s credit score. Thinking of a heloc loan... that way i dont have to use my money.

Also thinking of doing small loans.. 

any input guys and gals?

 Before you do anything you're going to want to put together a plan of action.  Are you looking to

- BRRRR

- Fix & Flip

- Buy & Hold

Once you have this down you need to decide on a market which will also tell you what values you're going to but at. Next you're going to want to figure out if you're going to so SFR's or 2 to 4 units or a mix.

This is just a basic initial overview but it's a good start.  

Take care and have a great day.

I would like to do a combination of rental property, one or two flips every quarter..

also, what do you all think about REIT Ticker O? pays a monthly dividend and has whipped the *** of the SP500 since its inception returning 16%