You have $100,000 which of these 3 options are best?

[Erik Pilon]

Assuming you have $100,000 cash, and assuming all properties in the example fall under the 1% rule:

1- buy an $80,000 property in cash to rent, not having to pay back any loans, BRRR it for $20,000 and refinance to kickstart your next deals using conventional financing.

2 - Use the $100,000 for a 20% downpayment on a $500,000 property with the help of financing.

3 - Purchase 5 properties at $20,000 downpayment each with financing.