Free Cash...what to do next
Hey All,
Currently just have a SFH rental. I have about 70K free cash, and am pondering what to do next. Part of me wants another SFH paid in cash and just collect debt free rent, but another part wants to keep cash available for a possible flip. Any advice from people who have been there before? Thanks!
Most Popular Reply
@Bradford Myatt If you do not like debt, then it is a no-brainer. Use the money for a flip. You'll never be able to match the return with buy-and-holds unless you leverage (i.e, get a mortgage).