Ask Paula: How Should I Invest $100K in Real Estate?
<p>#114: This week, I answer four questions about real estate investing from the audience.</p> <p>Joelle asks: I own a home outright on the West Coast. I’m thinking about taking out $100,000 from my home equity, and using this money to buy a rental property. I found a community out east where I can buy a property outright in cash for $100,000 in a good neighborhood. Should I pay cash for one house (via the home equity loan)? Or should I split this $100,000 into multiple down payments on many homes?</p> <p>Yasin asks: My wife and I are living on...
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