What would you do if you had $1m ?

[Manuel Angeles]

If you had $1m...

Would you rather

1. LEND IT
at 7% interest 1st TDs or 15% 2nd TD with equity, or whatever you have agreed with the Borrower

or 

2. LEVERAGE IT
And use portions of the $1m as down payments to acquire other properties 

Ex: $500k as a 25% down payment on a $2m commercial property that you'll reposition, add value, up to $500k net profit

or

3. LEND IT AND LEVERAGE IT

Lend it to a Borrower who will then leverage it to buy the $2m property

or

4. Buy a Bugatti

or 

5. Bet it all on one hand at the Blackjack table at Monte Carlo in Monaco 

[Ivan Barratt]

I choose to keep doing what I'm doing. Invest 10 to 20% "skin in the game" in our apartment syndications, raise the rest of the equity through accredited investors and have the lender pick up the remaining 80% of the stack. 

@Chris Puglisi 1 four million dollar deal doesn't have enough cash flow, scale and diversity for my taste.  You need more units to minimize downside risk and maximize forced appreciation.

@Michael Bishop on a 10 year hold you should look to get closer to 3x your $$!

@Zachery Buffin beware. Learn how to vet sponsors! you can lose your entire investment with minimal effort if you don't know/understand how to evaluate deals.