going to have $130k after refi closing next week

[Charles Crotts]

Wondering what is best way to invest this money in rentals.  

1. buy 2 or 3 positive cash flowing rentals?

2 buy one project and rehab and refi.

I feel like that if I complete number 1 then I'm going to be out of money to find the next deal and was wondering the turn around to financing the next house.  credit is good and i have money in other places.

If i complete number 2, unless i get an amazing deal up front I'm going to have less money left after the 25% down

I guess i need advice on which direction to head

Thanks in advance