Updated about 5 years ago on . Most recent reply
$50,000 cash available to invest
Hello all,
I currently have $50,000 cash available to invest. Right now I own a SF home as my primary residence with $$60,000 in equity right now. I have read multiple books, watched online videos, and have gained a little bit of knowledge over the past year. I know there are many different strategies flipping, Wholesale, BRRRR method etc. I am ready to start investing and I would love suggestions on what I should do or what route to take to start investing in Real Estate full time.
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- Residential Real Estate Investor
- Kansas City, MO
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It really depends on your goals, but I think buy and hold is the best long term strategy. Maybe flip in this market until the correction, whenever that comes. But buy and hold is the best way to build long term wealth.