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You have $800k in cash - what do you do?

Brotherman

Active member
Jan 17, 2004
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As real estate investor myself, I would definitely recommend buying an apartment building with cap rates around 5-6%. Cap rates outside of Toronto are much higher which is why I would recommend buying an apartment buildings outside of Toronto.

As others have said, buying a condo and leasing it out it would is much better as your monthly income would cover your mortgage and it's not like you will have trouble finding tenants either.
 
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