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Updated almost 9 years ago on . Most recent reply

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44
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4
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Cameron Kloster
  • Real Estate Professional
  • Rio Rancho, NM
4
Votes |
44
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Cashing out annuity ??? Help!!!!

Cameron Kloster
  • Real Estate Professional
  • Rio Rancho, NM
Posted
Hi all I just started fix and flipping in New Mexico. I'm in Albuquerque and Rio Rancho area. I have an annuity from work and was wondering if it would be wise to cash out for a down payment on a multi-family. How are the Cap rates here ? What's everyone's thoughts on market correction and or a housing bubble ?

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