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Updated over 3 years ago,

User Stats

34
Posts
20
Votes
Randy G.
  • Realtor
  • Maryland
20
Votes |
34
Posts

Just closed on a private investor

Randy G.
  • Realtor
  • Maryland
Posted

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?

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