Total Newbie here- I have $150k saved up and want to get started

[Samuel Rogers]

I am looking for any advice on the best strategy to maximize the investment capital I have saved up. I have great credit score also so getting qualified for a mortgage is no problem. I feel like I am paralyzed with strategies and info at this point... Any ideas or help on what direction you would take? SFH (buy and hold), multi-family? Fix n flip? Brrrr?

I am a contractor (owner of a painting co.) so I do have knowledge in houses and remodeling.   I live in San Diego, but NOT looking to invest here right now.   Out of state is where I am looking  

thanks for any input 

[Gail Greenberg]

Hey @Hardik Patel, it is several different sources. I own Contracts for Deed as well as some conventional notes. Several are reperforming, one small one just went to forfeiture and we're now getting the house ready to sell - with owner financing. I have one that became a rental. The $150K that's invested doesn't even count a $27,000 bump I got when I bought one note for $15,000 and received a $42,000 full payoff when the house burned down after just a couple months. The borrower also did really well and was very pleased with her outcome that time. So, yes, I am a very happy note investor. ;-)