Where do you put money when saving for a down payment for a commercial property?
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[{"id": "ibevty7", "text": "Depending on how quick typically in a bank account but for over a long time probably the S&amp;P 500 or some bonds.\n\nIf I was generating enough capital in 1 year to buy an asset I\u2019ll likely just put it in a CD because it\u2019s highly liquid and easy for me to use and pull out. \n\nIf I had a long term investment goal of buying a product in 5 years I would likely invest into an ETF, the S&amp;P 500, or any steady investment vehicle that could hopefully outperform inflation by a decent margin.", "replies": [], "depth": 1}, {"id": "ibf4fws", "text": "Robert Kiyosaki talks about tax free municipal (\u201cMunies\u201d) bonds, for their tax free Interest income and liquidity.", "replies": [], "depth": 1}, {"id": "ibfqyi4", "text": "What's your time frame - meaning, how long are you planning on saving before looking to purchase?", "replies": [{"id": "ibg52q3", "text": "Between 4-5 years", "replies": [], "depth": 2}], "depth": 1}, {"id": "ibg0wut", "text": "What is your timeline to purchase a commercial property? 1, 2, 5 years is a big difference. Are you expecting to grow your money during this time? If so, then what is your realistic outlook for growth?\n\nI ask because I syndicate Multifamily properties and a benefit of investing in property is your ability to 1031 from one property to another without having to pay taxes on the growth. Not only a good way to grow money while you wait but could potentially accelerate your timeline and buying power if done correctly.", "replies": [{"id": "ic5op1b", "text": "Can you elaborate more? How did you get into syndication?Where can I learn more about this process?", "replies": [{"id": "id01tlg", "text": "I have been involved in syndications for about a year. I wanted to get into real estate but did not want to be a landlord with a bunch of single family homes. It did not seem scalable nor what I was interested in doing. I enjoy partnering with experienced operators with proven track records to reduce risk for myself and our investors. \n\nWould be happy to share more about my story, and learn more about what you are trying to accomplish.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ibhi8be", "text": "I chose the smaller real estate deal option this year. I am paying cash for a SFH which I will lightly renovate, lease, and eventually finance with an 80% LTV mortgage. That should leave me with the cashflowing house and all of my cash for my next commercial deal.", "replies": [], "depth": 1}]