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Updated over 5 years ago on . Most recent reply

Sheila Campbell's profile image
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Sheila Campbell
  • Rental Property Investor
  • from GA
  • Member since Jan 22, 2019
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Sheila Campbell's profile image
Sheila Campbell's profile image
Sheila Campbell
  • Rental Property Investor
  • from GA
  • Member since Jan 22, 2019
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Sheila Campbell
  • Rental Property Investor
  • GA
61
Votes |
73
Posts
Multi-Family and Apartment Investing

How To Invest $48000

Sheila Campbell
  • Rental Property Investor
  • GA
Posted

I recently got approved for two loans totaling $48k. I was thinking of using about $30k to pay off my car loan, credit cards, renovate current home (putting up for rent next year) . Then I would use the rest to try and secure my 1st multi family property.

Then the other part of me wants to use the about $40-$45k and dive straight into real estate.

Would love to hear how'd you use this money!

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Malivai Washington's profile image
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Malivai Washington
  • Investor
  • from Jacksonville Beach, Florida
  • Member since Sep 18, 2016
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Malivai Washington's profile image
Malivai Washington's profile image
Malivai Washington
  • Investor
  • from Jacksonville Beach, Florida
  • Member since Sep 18, 2016
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Malivai Washington
  • Investor
  • Jacksonville Beach, FL
5
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3
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Malivai Washington
  • Investor
  • Jacksonville Beach, FL
Replied

im a fan of paying off bad debt

  • Malivai Washington
    • 4 Votes
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