Hi All,
If you had around 200-300K of cash/LOC to spend where would you spend it?
Purchasing many townhomes with small positive cash flow and low downpayments? A few 2/4plexes with slightly better cash flow? Or one multi with better cashflow but the biggest downpayment requirements? I hear the stock market is expected to rise!
As an engineer with some reno experience and a wife who is an Interior Decorator with considerable Kitchen and Bath Design experience we are also considering turnkey versus reno and rent strategies.
All comments are appreciated in advance as I am hoping to learn and redirect my purchasing efforts.
Regards...Randy D.
If you had around 200-300K of cash/LOC to spend where would you spend it?
Purchasing many townhomes with small positive cash flow and low downpayments? A few 2/4plexes with slightly better cash flow? Or one multi with better cashflow but the biggest downpayment requirements? I hear the stock market is expected to rise!
As an engineer with some reno experience and a wife who is an Interior Decorator with considerable Kitchen and Bath Design experience we are also considering turnkey versus reno and rent strategies.
All comments are appreciated in advance as I am hoping to learn and redirect my purchasing efforts.
Regards...Randy D.