Skip to content
Buying & Selling Real Estate

User Stats

28
Posts
9
Votes
Josh C.
  • Real Estate Investor
  • Lewis Center, OH
9
Votes |
28
Posts

What to do with 100k in equity on first flip?

Josh C.
  • Real Estate Investor
  • Lewis Center, OH
Posted Mar 25 2015, 21:01

I bought my first foreclosure flip for 213k, put 25k into it (238k note), and now will sell for around 350k to 360k.  After all expenses paid, I should net around 90k-100k.  With the goal of buying and holding and doing some flips along the way, I am curious to what more seasoned investors would do with the money?  I have some external factors at play (i.e. student loans, want to find another live-in-flip, etc.), but I am willing to put a significant chunk into real estate.  I also have an investor who is looking to contribute 40k to my next project.  What are your thoughts?!

Loading replies...