Best Strategy for Leveraging $150k?
Hi All! I work very closely with a rehabber in Baltimore City and therefore am often coming across deals that don't quite work as flips but would be slam-dunk rentals. Until now I have passed on this opportunity. However, I now have $100k to invest and I am looking for advice for the most cost-effective way to leverage this money. The caveat is that I'll likely need to fully repay the initial $100k in year 5. For all of those finance experts out there, what would you do?
Under a separate scenario, if you didn't have to repay the $100k loan, how would you react differently?
Currently I am looking at Fannie Homestyle loans, traditional 20% down commercial loans, and small bank construction to perm loans. My goal is to leverage as much as possible while interest rates are still very low. Thank you in advance for your input!