New Investor Starting Out

[Grant Boynton]

Hey all,

I am relatively new to BP but I have a question. I am new to real estate investing but want to jump in with both feet. I just was approved for a HELOC of 85K and I am having trouble with where to start. I need some advice on the best possible way to use that $$.

Do you purchase land and build rentals on it? (I found some land that would be a good fit)

Do you just purchase a multifamily home and rent it out?

Do you try to pursue a flip opportunity?

I know that all these are possible, but what seems like the best option here? If anyone has any thoughts advice, it would be very much appreciated. 

Thanks guys.

[Grant Boynton]

Thank you @Jim Goebel for the information I will look into a house hack opportunity. Thank you @Shmuel Waldman for your input and the link. Also, @Daniel Kong, I am more of a "red" kind of guy ha. Thanks again guys.