what to do with 100K after cash out refinance??????

[Long Khang]

You want get your max money back in the pocket when price are high, You want to cash out finance from 15 year at 3% interest rate and lock in with 30 year 4.5% low interest rate, but inventory is low and price are high, no deal now.

what would you do with 100K after cash out refinance but you cant find RE deal?

Be a private lending for 8-10%??

I like to see open discussion.

Thanks

Long Khang

[Rob Gillespie]

Go to Vegas get some cocaine,hookers and have a great time at the poker table!

No seriously, I would not put it out as private capital I have seen too many people lose their money if they don't make a good living decision and they are stuck with a note they are paying on.
I am not sure of your skill set or experiences, but I would be very sure you know what you're doing before throwing your own money on the line too quickly.
One strategy that works well is buying turnkey properties below market value that are sold a lease purchase already. I do a lot of these types of deals with out-of-town investors in the Cleveland suburban market and it works well for them.
( this is not a pitch for you to buy a property from me, please don't remove this post, LOL)
For example… If you buy a home in a market for less than $100,000 and that is all fixed up and nice and ready to go and you can sell it on a lease purchase for $159,000 and $1250 per month on a 35 month term, giving them 20% rent credit for on-time payments and taking a $7000 down payment that you credit 100%towards the purchase price, then you help them fix the credit over the three years and they cash out and you make a pretty nice payday without a lot of risk. That is the plan that works best for us in our market for our turnkey product, You just have to know what your most comfortable with.

Good luck, and spend slowly, LOL!