180k cash to spend and have no idea where to start - help (FL)

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180k cash to spend and have no idea where to start - help (FL)

Christian Weber
Member since 2021 · 66 posts · 15 votes

So as the title says 

I have 80k cash and 100k HELOC on my house I can use and have no idea what to do next. Based in South florida and it seems everything is so highly priced and getting bought by cash investors.

I have no idea on what to do - most agents I have spoken to have zero idea on flips or investor properties, no idea on how to get properties off market or what a wholesaler is and get annoyed when I ask questions because im not a cash buyer looking for a 3/2 for their kids with the white picket fence.

If you were in my situation what would you suggest I do.

Thanks in advance

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  • Tera Mabe
    Flipper/Rehabber · Knoxville, TN · Member since 2017 · 5 posts · 10 votes
    5y

    Hello,

    Are you interested in private money lending at all? Currently writing a proposal on a great flip in Tennessee, and in search of funding.

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  • Christian Weber
    OP
    Member since 2021 · 66 posts · 15 votes
    5y
    Originally posted by @Tera Mabe:

    Hello,

    Are you interested in private money lending at all? Currently writing a proposal on a great flip in Tennessee, and in search of funding.

    Not really something I would consider, the return on hard money its just not worth the risk for me.

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