What would you do with $25,000 loan at a 7% interest rate?

[Bosun Oshunluyi]

I am relatively new to the real estate investing world. My credit union just pre approved my for a $25k personal loan at 7%. This would result in a monthly payment of $500 for a 5 year span. If this loan opportunity was given to you, what route would you take? I have thought of a couple of options:

1. I recently closed on a multi unit in the los angeles area. the 1 bedroom and the studio are in need of some rehab. I am thinking a rehab to both the 1 bedroom and the studio can increase the rent about $400.

2. I can get try to look for a deal on a house and use that loan as down payment?

What are your thoughts? What are some of your ideas?