Where to invest 100k?
We have a home and a mortgage about 4k a month. We have about 100k cash in the bank.
Where should we invest? What you think?
- down payment for a 500k apartment in a prime location and rent it out. Short term or mid term.
- buy a single family house away from city for flipping
- buy multiple properties in a city like Detroit and give it to property management companies for rental.
- inves in stock market
- keep cash
- put the money in current mortgage to reduce monthly
Thank you!