Lookin for some guidance on what to do with $100k cash!

[Marco Manomat]

Hi! Lookin for some guidance. My brothers and I want to start investing into real-estate. We are in a bit of unique (and albeit v fortunate) situation where:

(1) we collectively have $100k in cash to use for investing.

(2) we each have good to v good credit.

(3) one of my brothers is getting his General Contractor’s license in a couple of months.

(4) we each have a full-time W2 job making around $100k+/year

• Side note: we even created an LLC for real-investing purposes.

There have been so many directions we’ve looked at given this post-covid market/climate and there’s not one that stands way above the others.

One idea we had was to use that $100k and build a house from scratch (leveraging my brother’s new licensure). One of the major reasons being is that houses are being overpaid for in today’s climate and we could potentially build/sell a house worth $250k+ and pocket the difference after taxes. However, the major downfall here is mostly the length of time needed to complete this project and then also doing the same process for building/selling more houses.

What would you guys do in our situation? Any guidance would be much appreciated!