What’s the best way to invest $100k—pay off loans or diversify?

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  • #123801 Reply
    USER

      I’ve been investing in real estate for a few years but haven’t purchased anything the last few years because nothing in my market has made sense.

      I’m to the point where I have about $100k liquid and I’d like to put that money to work.

      I’ve only really invested in real estate and don’t know much about stocks, crypto, etc.

      I have considered paying off the mortgages on some of my properties and could get a 12% return on $77k or 13% on $55k.

      This would be me paying off either 3 or 2 of my loans which will go from 4.9% to 7+% in less than a year.

      I would lose the interest write offs for taxes but I feel like that would be the best return on my money unless I’m missing something?

      It would also leave me with $23k or $45k to invest into something else but I’m not sure what?

      #123802 Reply
      Jason

        If you been investing the past few years, but haven’t purchased anything in the past few years, are your really investing?

        #123803 Reply
        Bennett

          I would refinance those 2 homes into a small portfolio commercial loan to increase cashflow and then buy more rentals, leveraged with the liquid capital

          #123804 Reply
          Alberto

            Pay them off and increase that real cash flow!

            #123805 Reply
            Ian

              I started investing in real estate in 2011. I bought a tiny amount of crypto ($200) in 2014.

              If I had invested 1/10th the amount of time and capital into crypto that I put into real estate, I would have had a 9 figure account balance by now.

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