Quickest scaling strategy with $100K to invest plus $250K HELOC

[Caroline Goupil]

Hi all you smart investors,

I've been educating myself for the past 6 months and I'm still stuck in the best strategy to scale quickly.

My million dollar question is: How can I make the most cash flow with somewhat limited funds available to invest. I have about $100K in cash plus $250K in a HELOC but obviously I'd pay interest on that so doesn't help the cash flow look good.

I currently have a STR that I bought in 2020 for a really good price so I'm aware these kinds of deals are not around anymore, so what are the best other options. I do like the cash flow potential from STR but they do require a lot more upfront investments therefore can be slower to scale. The other option I'm contemplating is BRRRR but with only a couple hundred dollars a month in cash flow the scale is slow.

is AirBnBBBB a thing? It seems like it would solve my two goals.  Has anyone done this successfully? If so what is the best market for that?

Thanks all,

From a very stuck rookie investor!

[Samuel Diouf]

I'd say you can scale pretty fast using the BRRR strategy on multifamily homes in the Ohio area where prices are still reasonable. Columbus is going to continue to appreciate greatly over the next 10-20 years because of how many large companies are investing in the city, and Cleveland is very good for lower priced homes with great cashflow if you're not looking for as much long term appreciation.