Updated almost 12 years ago on . Most recent reply
Need Ideas How I Can Use Private Money for Investments
After a two year break from doing any active investing I think my mind is right again. I have access to about 120k from private money resources with a rate at about 8%. I have about 20k of my own money laying around plus some money for reserves. The investors do not want to tie up their funds in anything long term. I have historically been a SFH buy and hold person so I am at a loss as to how their money can be utilized to buy more SFH and yet return their money back to them within about a year time frame plus some interest to make it worth their while. I have a full time job so flipping is not really a good alternative, plus plan B on a flip that went wrong would be to hold and rent it and that would prevent me from returning the money within a year. It would actually be nice to pursue other options other than SFH. Basically I am looking for a win win investment for both of us. I have four SFH now, so paying cash for another SFH and refi their money out is not an option to the best of my knowledge. Anybody have any ideas?