All Forum Posts by: Jane Prince

Thank you very much for all this feedback! Digesting. 

Hi! 

I was recently laid off from my tech sales job in SF. It's been my goal for the last year to buy a small real estate investment property in Florida (where my family lives) but I've been too busy to look properly. Is it mad to consider buying a $150-$200K house all cash now?

My situation: 

* I have no debt, a large amount of cash and stock and this would only represent a 5th of my portfolio. 
* Currently I rent in SF where I'm not interested in buying due to high cost 
* I'm aware I'd need at least one year of cash buffer to support me finding another job through realistically I expect it will take between 3 months to a year (if we get hit with a recession). 

Would love to hear any initial feedback, pros, cons but I plan to run this by a financial advisor prior to pulling the trigger. 

Thanks!