What would you do with 80k?

[Nick H.]

Thanks for reading my post. My wife and I are finally in a position to cash out on our equity and continue on to the next investment opportunity. We basically did a live in flip without knowing we we're doing it. We can walk away with 80k tax free once we sell our home, which we plan on doing this summer.

With that being said, what's some advice you could give? We really want to start getting passive income rolling in. My initial thought was to buy a fix and flip, as well as a rental or two. Just don't know what my best option would be to get the snowball bigger.

[Marisa R.]

Buy 2 properties in Detroit at 40,000 each renting for $850 each pm, refinance in 12 months, many areas are now rising

Dont listen to me, do your own research

Bagley.... just one hot area