What do with 80k from a private investor

[Johnoson Crutchfield]

Hey I’ve got an investor who is willing to invest 80k in my buy and hold/flip real estate business. The interested rate is 10% paid monthly with the total amount due back in 3 years. My thought was to have cash to buy deals st 75% of ARV and then refinance them to get cash out. I would keep doing this until I had my goal of 30 units. With this methodology I should be able to keep most of this capital in play and if I get good enough deals I should be able to return the money and also have 30 units by the time 3 years passes. What are your thoughts?