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Reply to "Where would you invest 500k?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]500K buys 3 places? Where are you?[/quote] I assume he meant the 2-3 properties would be financed and 500k would cover the down payment. So, something like $800k-$1M per property, with 20% down on each.[/quote] OP here. Yes, we would finance. I was thinking 500-600k townhouses we could easily rent out. Would keep 50-100k in cash for replacement reserves and repairs.[/quote]
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