say you have one million ....

[Dave Lin]

Say you have some bucks at your disposal how would you deploys these Benjamins to work for you? SFH or MFH buy/hold or flip? or just be a HML and let other people do the hard work? I personally thinking HML is the best strategy in today's price environment.

Housing price, especially in the major metropolitan, has seemed tremendous growth in the past 6-7 years. Not to say a major correction is in due course but, to me, risk is certainly to the down side. So instead of buying into the frenzy and chase the (maybe) last 5-10% of appreciation, would it be better to just lend into the frenzy and get a nice return in the mean time (while waiting for the next price blip)..... and if the borrower is not able to complete the project and/or ended up in default, as a HML I might actually benefit from this demise..... right? Pros! Is my line of thinking completely flaw? If so please point me the right way. Thanks!!!