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Updated almost 6 years ago on . Most recent reply

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Edward Simpson
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Newbie looking for advice

Edward Simpson
Posted

Hi new here looking for suggestions,

I've saved up $250k and am looking to get the best ROI I can. I have researched multi family units and really want a solid investment that will provide a stable return. Sorry of this has been asked before but I'm ready to pull the trigger and want some last minute advice.

Thank you.

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Geordy Rostad
  • Real Estate Broker
  • Kirkland, WA
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Geordy Rostad
  • Real Estate Broker
  • Kirkland, WA
Replied

@Edward Simpson

Congrats on saving $250k. That's a big chunk to use in real estate. Are you planning to use your cash as a down payment and leverage something or are you trying to buy something in cash?

On multi family property are you looking for residential (2-4u) or commercial (5u+)?

Keep in mind, the return you are looking for can come in many forms.

What is your main goal, capital appreciation, cash flow, or portfolio growth?

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