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Mary Jay
  • Glendale, AZ
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What would u do with 50k?

Mary Jay
  • Glendale, AZ
Posted

 Hey guys, what would you do if you had 50 K cash? 

1)  Pay off your house completely so you would be mortgage free (let’s pretend that’s your mortgage balance)

2)  Buy a 250k multi family that brings you 1k per month in cash flow  Close to big city (1hr away )

3) buy 10-20 single family  ( which is almost the same as   The same amount of units Multifamily )that cash flow’s $200 per door ,  which would roughly give you $2000- 4000 cash flow per month

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Alan Grobmeier
  • Rental Property Investor
  • Phoenix, AZ
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Alan Grobmeier
  • Rental Property Investor
  • Phoenix, AZ
Replied

@Mary Jay, Where in the WORLD are you going to buy 10-20 SFR with

$50k down that cash flow $200 a month?  Enquiring minds want to know.  ;-)

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