Looking for advice on the best way to invest 100k? Is it a brrrr or is it best used as a down payment for 2-3 condos? Or is there some other options I haven’t thought about
I think most on BP will say that it depends on what your short/long-term goals are and how risk adverse you are. I'm not familiar with your market, however, I was in a similar place as you a few months ago and decided to house-hack a duplex to start.
For one, the numbers were great (took a good bit to find) and secondly, I knew I'd learn a wealth of knowledge in the process making it easier to BRRRR for my second deal. If you BRRRR for your first deal, I'd likely join a local REIA or BP meetup (network tab up to to find local events), connect with people who have done and maybe get their eyes on your deal to make sure its good before going for it.
Rooting for you.
@Daniel Villagra thanks so much. I’m looking to create long term passive income. I did my first brrrr last year . I did really good on it. Trying to figure out what other options I have to build a rental portfolio
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