Flip income, cash out refi and hold, or something else?

[Cody Moyer]

I've got a flip i bought for 50k, reno budget is 70k as its a full gut reno and I am doing contractor work outside of electrical and plumbing. ARV is 235k.

Trying to decide best approach with this property.

1. Market is strong in Nebraska so confident in fairly quick sale if i decide to flip and retain proceeds for my partner and i. This llc is also holding our longterm rentals.

2. Use proceeds as down-payment towards acquisition of 12 sfh rentals from a landlord buyout, with remaining funds borrowed from my commercial lender

3. Flip and hold, then refi with traditional Fannie or Freddie loan. Use cash out to invest into syndication

Let me know if you need more details before providing your suggestions.

Thanks in advance