need input

6 Replies

i am buying a home with an 80/20 zero down.
when i sell my residence i will have @ 65,000 cash.
i am wanting to begin a new career in re investing.
should i pay down the loan or use the cash to leverage properties.
i think i know the answer but would appreciate all ideas.

Personally, I would invest the capital in additional real estate. Good Luck.

I would definatly use the $$$ to invest in income producing real estate. Are you planning on doing any investing out-of-state.?


I would definitely suggest that you consider using that $65k for more investments. That gives you plenty of money that you can use towards multiple properties that could begin to replace your income and move you closer to your financial goals if used correctly.

I would start by putting together a solid idea (plan) of where you want to go. Until you establish your direction, it could be very difficult to 1. stick with it and 2. make wise decisions in the first place.

Does that make sense?

You always need a cash reserve i real estate. And if you spend all your capital i can safely say you will be close to being out of business.

first, yes, take the money and invest it wisely. talk to a real estate attorney and get a good CPA.

now, what you want to do, is use whatever money you make from real estate, and you want to pay down the mortgage on your personal property. period. pay down all of your personal debts at an accelerated rate.

ever listen to Suzie Orman/Ormon? (can't spell her name) she talks about paying down debt and keeping it down. that's so important.

business debt and personal debt are two different things. i love how the average home owner thinks of their personal home as an asset and they all talk about the "interest" they "write off" at the end of the year. wow. that whole tax "incentive" is just the US gov't collaborating with bankers to brainwash the masses into thinking that debt is good!!!!!

anyhoot, definitely use the money wisely. good luck. keep us informed! that's sweet - 65k. nice.

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