20K Now what??

[Ryan Morgan]

Good morning BP community! Looking for some advice- my girlfriend and myself are green agents. We have full time jobs outside real estate and do "good". I have some experience in real estate building and selling also having some SF rentals. We have small foot prints as far as debt goes and recently were jointly approved for a 20K loan at 6.24% for 60 months. The idea was to find a house that we could secure and use the 20 for renovations to flip or hold. Option two is to use it as a large 50% down payment on a SF home to rent out. Any other ideas or are any of these seen plausible? Thanks in advance, Ryan