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Updated over 5 years ago on . Most recent reply

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Jonathan Bombaci
#5 Real Estate Events & Meetups Contributor
  • Real Estate Agent
  • Lowell, MA
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What would you do with $100k?

Jonathan Bombaci
#5 Real Estate Events & Meetups Contributor
  • Real Estate Agent
  • Lowell, MA
Posted

I have $100k rolling over from a recent flip but I need it back for a large project that's closing in April. 

What would you do with the $100k given the current market and the fact that I need it accessible again in 6 months? 

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Candor Realty
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Bronson Massas
  • Lender
  • Los Angeles, CA
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Bronson Massas
  • Lender
  • Los Angeles, CA
Replied

Are there any opportunities for small level flips in your area? If you can find a project that will only take 1-2 months to complete, you could certainly secure financing, complete the project, and sell within that 6 month period. You could also look into utilizing that capital to wholesale a property or two.

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