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Updated almost 8 years ago,
Hypothetical: Strategy Help
Disclaimer: This post is for entertainment purposes only.
SUPPOSE that I have recently sold a business and am interested investing a portion of the proceeds in either rental properties or flipping. Perhaps both. I have time, about $300k liquid capital to devote to the investments, and a $250k LOC. I do have experience in remodeling homes and commercial real estate developments so I'm not a complete green horn. Really looking for some 'what I would do if it were me' responses to make sure I've thought of everything.
Home values are less in my market than the national average (median $115k), and there are some positive economic indicators for the area.
Also, the investment is a portion of my capital, and I would like to be aggressive with it while rates are still low.
Bigger Pockets Experts: What would you do?