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Updated 6 months ago on . Most recent reply

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113
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105
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Terra Padgett
  • Investor
  • Houston, Tx
105
Votes |
113
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Would you rather have $1m in Real Estate Equity or $1m in Cash?

Terra Padgett
  • Investor
  • Houston, Tx
Posted

Instant liquidity or long-term asset growth? What's your pick? 

Most Popular Reply

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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
9,978
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8,093
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

You can turn $1M cash in to $1m OR MORE real estate equity instantly and cost free. $1M in real estate equity will either cost you interest or selling costs to do anything with other than earn a few percent in cashflow, if you’re lucky. 

Imagine how useless $1M in equity in an empty $30M office building with a $250k/mo mortgage payment is worth. 

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