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Updated over 8 years ago on . Most recent reply
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Ideas For Best Short-term ROI?
Not sure if this is right forum, but here it is. If you had 3-10k that you know you're not going to personally use for the next 6 months, what are the best ways to grow that money with real estate?
Obviously partnering with someone that flips houses and needs help with a down payment would be the first choice, but what about lending it out through a RE crowdfunding site? Or just putting it in a great REIT?
I don't want it just sitting there while I educate myself on REI, so what do you guys think?
Most Popular Reply
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The debt CF sites like Patch of Land and Peer Street offer shorter term loans you can put the money into, but bear in mind that your return is basically capped at the interest rate and you'll be paying taxes on interest income (but you'll pay taxes either way). As far as learning through those investments, I'm not sure it would give you any great insight.
I personally prefer REITs to CF but if your time horizon is that short you're better off not getting into the stock price volatility of a REIT stock.