Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • MN (minnesota)
1
Votes |
15
Posts

What would you do with 300k cash?

Account Closed
  • Rental Property Investor
  • MN (minnesota)
Posted

Need advice on where to start

Most Popular Reply

User Stats

1,016
Posts
607
Votes
Chris Soignier#5 Coronavirus Conversation Contributor
  • Real Estate Broker
  • North Richland Hills, TX
607
Votes |
1,016
Posts
Chris Soignier#5 Coronavirus Conversation Contributor
  • Real Estate Broker
  • North Richland Hills, TX
Replied

I'd invest $100K each in 3 solid multifamily syndications led by sponsors I know, like, and trust.  If I was just starting out, I'd probably divide it into 6 $50K MF deals to achieve better diversification of markets/submarkets and deal sponsors.

I also question the desire to pay off investment-related debt in this time of record-low interest rates.  You definitely don't want to over-leverage, but this is a historically great time to borrow money on cash-flowing assets, and leverage is the special sauce that can transform real estate from merely cash flowing to multiplying your wealth.  Instead of paying down leverage over time, I'd look into cash-out refinancing as appreciation becomes significant and rolling the proceeds into acquiring more cash-flowing real estate assets.

Loading replies...