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Tanner Enderle
  • Rental Property Investor
  • Phoenix, AZ
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Inherited 6million dollars, what would you do?

Tanner Enderle
  • Rental Property Investor
  • Phoenix, AZ
Posted

I have some experience flipping as well as LTR SFH, but have always wanted to move into bigger commercial multifamily...

What would you do with 6million dollars?

Would you buy smaller all cash or use that money as a Dp for a bigger whatever??

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Mary M.
  • Rental Property Investor
  • Portland OR
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Mary M.
  • Rental Property Investor
  • Portland OR
Replied

@Tanner Enderle the first thing you do is not post it online. That is asking to be inundated with scammy people. 

My suggestion is to go talk to the highest end commercial brokerage in your area work with them to build a portfolio. 

With that kind of funds you are set for life and can earn 300k/year easy 

also suggest talking to a good attorney and financial planner to decide how much to invest, and in what market. 

I am sorry for your loss. Feel free to PM me as I went thru something similar. 

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