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$120k cash borrowed, now what?
I borrowed $120k from a family member to buy a primary residence for me and my family (I will pay him back $1k/m for the next 10 years, starting next month, or refinance if needed).
Last night I was talking to my wife, and we just realized that maybe we can come up with something better (even if she really want little place with a little yard for the kids).
Live in flip? Duplex? Turnkey out of state? Foreclosure? I really like the BRRR strategy but it's "impossible" to find sealant here.
I live in South Florida, everything I see expensive and market always hot, market uber competitive.
What would be the advice of an experienced investor to a newbie with a young family?