I have around $300,000 to invest in Real estate, what would be the best way to invest ?

Status: Closed
Sep 09, 2016 Views5,496 Answer a Question

What would be the ideal number of properties? age of properties? areas in Houston?
Is it better to buy one or 2 houses cash or use our capital as down payments and borrow from the bank to buy more properties? My husband and I have a good credit score.

#1 Awarded – Best Answer
Francois Delille
About 7 years ago
I am an investor myself and own several real estate holding companies as well as a property management company.
If you both have good credit and busy careers, the smart way to grow a large portfolio is to use the historically low financing rates. You will be able to leverage your 300k investment into 1.2 / 1.5 M.
Buying in the right neighboorhood will provide you with long term appreciation and less maintenance / management issues.
With clients such as yourselves I usually schedule an initial consultation session before we start looking for properties as I want to make sure I help you with your overall situation and long term plans.
Francois@cozy-homes.com
713 397 8857
Stacy Burgin
About 7 years ago
It's all going to depend on your long term goal and what your overall investment strategy is. There are multiple ways to invest in real estate. Are you wanting a cash flow property? If so then you pay cash for the property. Are you wanting a quick return on your investment as a flip? Then finance, use someone else's money & you can use your money as down payment & have more properties & more return quicker. Contact me and we can discuss the investor
approach for more details in depth. www.terrapointrealty.com
stacy@terrapointrealty.com
713.409.7698
Darby Grimmett
About 7 years ago
Hi Sandra,

There is going to be way too much to type here in order to give you the most comprehensive response to your question. :) Please feel free to reach out, as I'm happy to discuss more than HAR lets me type here.

My husband and I hold several properties and have used very little of our own capital to purchase them, taking advantage of financing in order to optimize the number of properties we purchase (I like to hold on to my cash).

The answer to how best to use $300K is determined by looking at your exit strategy (are you looking to buy and hold for appreciation, buy and hold for monthly cash flow, rehab and flip, etc). Each investor is different with their approach, so knowing what your end goal is will help determine the best type of property for you. The type of property will drive the area of town, the neighborhood and the home purchase itself. I'm very particular with the properties I purchase, but others shoot for the most properties possible (ie inexpensive with rental comps to support cash flow).

Again, I'd be happy to discuss further if you'd like to reach out in order to assist you in determining the best strategy for you!

Darby Grimmett / KW / darby@darbygrimmett.com / 936-827-9217
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
Find a Local Expert Real Estate Agent in your Area
Start your real estate search the right way by finding the best agent to work with in your area.

Related Questions