Investor · Ft Mitchell, KY · Member since 2015 · 5 posts · 1 vote
I hope this subject line prompts a healthy discussion. Apartment investors say they would never buy a single family, yet hedge funds continue to buy hundreds. If you had 100k to invest in real estate, would you: A. use for down payment for 4 single families rentals . B. buy a flip . C. buy one single family all cash D. use as down payment for largest unit property you could buy . E. use as down payment for an expensive single family rental (say California). F. other option. Let the games begin!
If I had a $100k to invest I would do a forum search on what to do if I had a $100k to invest. There are probably more threads on here with the subject being “what to do with xxx dollars than I have units.
If I had a $100k to invest I would do a forum search on what to do if I had a $100k to invest. There are probably more threads on here with the subject being “what to do with xxx dollars than I have units.
That said....if I were new...I’d stick it in the bank and learn to invest without using it. If you can do that, you’ll never have a problem making money in RE.
This question has been asked with various sums over the years many, many times. If you're looking for what to do with that amount of money for yourself, you might want to give a little more information; and allow people to give you more specific advice. Every person has their niche and what they'd do. I personally would use it to help fund whatever I'd be doing at the time. Of course where you live and/or invest has a lot to do with it too in regards to how far it gets you. Right now, I'd use it on a Rehab in Sunriver, Oregon.
A poll is kind of useless if you’re asking people from all over the country what they’d do. Markets are local...some markets it’s makes sense to buy SFR...others MF....others nothing makes sense.
It really depends on a whole lot of other factors.
If it were my very first property, I would recommend finding a single-family BRRRR property. It's a low-risk way of gaining A TON of education in real estate investing and developing skills that transpose to other segments (wholesaling, buy & hold, flipping, etc).
You can cashout your money soonafter and utilize that $100k to do anything else now that you have experience.