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Updated over 3 years ago,
Just closed on a private investor
So yesterday was a great day!! We had a lunch meeting with potential cash investors. They said yes and want to give us 200k for 6-8 month loan 9% interest for our next flip.
My first thought was I could use 200k for a down payment on 2-4 SFH at one time and combine it
using hard money. Is this a good idea ?
Or use the 200k and buy 1 property cash and flip?
What would you do with 200k cash?