$200,000 in the bank...now what?
Hey everyone...
If you had $200,000 in the bank...what would you do?
Buy a house (like my accountant suggests) or buy an income/investment property like a duplex or triplex or 4-plex? Or...would you look into something else?
I don't want to house hack...mainly because I'm 38 and don't want roomies...but I like the idea of my own unit...so an investment property sounds good...or even a house with a guest house...I could rent the front house...live in the back.
Then there's the other opportunities like syndication that don't get messy dealing with property managers, tenants, etc.
Thanks in advance...
Kirk