Updated almost 5 years ago on . Most recent reply
What if ... you had $500,000 cash
Hypothetical question for you all. What would you do if you came into $500,000 of investible money and wanted to put that into real estate? What does that look like to you in your opinion?
-Do you buy, say 5 $100k units and run them debt free?
-Do you buy, say 10 $100k units and put 50% down on each?
-Do you buy, say 20 $100k units and put 25% down on each?
-Do you simply just buy a holiday home? :)
Assuming the goal is passive income over time and property to be held in an LLC (so perhaps financing an issue?)