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Updated almost 10 years ago,
What to do with 100k in equity on first flip?
I bought my first foreclosure flip for 213k, put 25k into it (238k note), and now will sell for around 350k to 360k. After all expenses paid, I should net around 90k-100k. With the goal of buying and holding and doing some flips along the way, I am curious to what more seasoned investors would do with the money? I have some external factors at play (i.e. student loans, want to find another live-in-flip, etc.), but I am willing to put a significant chunk into real estate. I also have an investor who is looking to contribute 40k to my next project. What are your thoughts?!