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[Andrew Emery]

I don't know how to phrase this for an accurate search so I am going to ask this here:

I will be in a position once I return home to perhaps pay full cash for my first investment property. The cash will be mine and for this question I am going to use the hypothetical number of $50,000. My question is this: Once I have paid for the house, then repair/upgrade it and have it ready to rent out and the appraised value is hypotheticaly $120,000 how do I go about getting the money back out of this to begin another purchase? Also is it too big of a risk to just buy a place outright like this with my own cash? Will it take to long to to cash out?

Thanks in advance.