First off, I want to say thanks to everyone here for the incredible advice. It's just amazing to scroll through.
My issue is that I want to buy a rental property soon-ish but not soon enough to justify keeping the down payment in a checking.
I'm hoping 6 months, give or take. So, not long enough for a CD or something like that.
Would an online bank like CIT with a better interest rate be smartest, IYO?
I've read here about people cycling cash through new checking different accounts they open to get the ~$200 bonuses before taking it out. I'm sure you would need to keep it in these accounts for more than 6 months though?
It's approx. $30k.
Thanks so much in advance, and I'm open to all options!