you can shop the deal. if you were close to closing on one, just as well go shop the deal with the competitor. or get a banker to shop the deal for you. one is ridgecrestcap in marin, ca. the managing directors have connections all over silicon valley.
you're so close to exit it would be a shame to leave, its like stopping at mile 20 of a marathon, just stick it out and finish. gl.
hi there,
a couple tips/ideas
- almost all brokers are not investors, they get a commission when they sell you investment products - keep that in mind.
- probably invest 80% in stuff that retains value/grows steadily and 20% in high risk/return stuff.
- real estate is probably a good investment now. I would aim for places where a large amount of cash and ability to close quickly gives you a pricing advantage (ie vs a lot of small deals where other people bid up the price)
- within real estate, restaurants are poor credit risks (being hit driven), commercial real estate is down right now, and residential is down except in select areas like SF.
- residential real estate is counter cyclical, ie in a boom, its bid up, in a bust, people turn to renting, so it is a solid investment (assuming the surround location is a stable economy)
- US stock market in aggregate is going to be flat, due to a structural issues.
- areas of growth include tech, so buy what you know or emerging markets, so buy a multinational with solid exposure there.
- other possibilities include ETFs (like mutual funds) are more liquid, but be careful not all ETFs follow the intended basket of investments that closely.