HELP!! I have 240K in equity!!!

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Dan HandfordPro Member
Investor · Lexington, SC · Member since 2018 · 779 posts · 501 votes
7y

@Sharmika M. - Since you are posting in the Multifamily / Apartment Investing Forum - I would re-iterate the fact that multifamily real estate is a great investment as it can reduce some risk in regards to a down turn or "crash". I know people who have been calling for a downturn since 2015 that have been sitting on the side lines and they wish they hadn't now that they know the economy is so strong. I've also talked with many older investors who have been through several cycles and they don't see an end in sight unless interest rates rise...which we've already seen the fed pull back hikes for this year with a potential for lowering interest rates even more. Our group recently got a $16.5MM deal with 4.01% interest rate with 5 years I/O. Not bad.

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  • CA · Member since 2019 · 17 posts · 1 vote
    7y

    @Christopher Hunter Unfortunately that would be about a 6hr. drive.  Can you keep me posted on anything closer to the San Francisco/ Oakland area? 

  • Investor · Atlanta, GA · Member since 2016 · 335 posts · 144 votes
    7y

    @Sharmika M. sorry we have an area that we refer to by the same name up around Redondo Beach and Manhattan beach.

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