Sonja Green2 years ago Should I invest my savings to my ecommerce business or I should be putting a down payment for a house ? - Hello everyone. I have been running my E-Commerce business for over two years so far. I have been selling my products on platforms like Ebay, Mercari, Grailed, Depop and I have been doing pretty decent so far. I am a top rated seller on Ebay where i get my most business. My profit rate is about %40-%45 so far and I still have the 5.0 review rate going on for all my stores. I believe it is time to invest more money for my business and expand my inventory but I have little problem. I rent an apartment and have all my products with me in that 600sq ft. apartment. So im running out of the space almost. I was able to save $40k. Im thinking about getting a mortgage to buy me a condo/house with a garage and more space so that way I can expand my inventory without having space problems. Should i use that $40k for the down payment for mortgage or is it better i keep renting and invest that 40k for my business ?148
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