Looking for advice to invest 965k of equity

[Sean Dunbar]

Hello BP community! My name is Nick, Im a new investor looking to join the real estate community working with my father. We currently own a property in Los Angeles County that has around 965k-1.2M$ of equity in it. The property was purchased in 2021 for 1.1 million, was appraised in the summer of 2024 for 2.2 million, and reports from online appraisal websites say it could currently be around 3 million. We are interested in using the equity for a real estate investment, and are looking for ideas, suggestions, or investors in similar situations. Using this equity to flip a home, do a BRRRR, Air BNB rental are some of the ideas that we have so far, and we are looking for more. Any advice or feedback would be greatly appreciated, thank you.