[gjmarsh]

Real estate. Buy a cheap house with leverage, fix it and either rent it out, or sell it. If you rent, cash out refi, rinse and repeat. Many fortunes built this way. High use of leverage means many shirts lost as well, however many of our laws (assuming US) are skewed to benefit real estate investment and speculation... with the current admin, I don't see that changing anytime soon. I don't think you can find better odds.

[muzani]

Would real estate actually meet the conditions of being $100k to start with and double that in 6 months? Real estate seems low risk low returns.

Also assuming the question means $200k cash (and not assets), would one be able to sell off real estate that fast?

[gjmarsh]

You are likely right. I have seen people pull off flips that are this profitable, but its pretty rare.

[tonteldoos]

Like gjmarsh said, this might only apply to the US. I would probably be skeptical of doing this in (say) Australia at the moment. OP didn't mention what country he's in...

[minhaz23]

>If you rent, cash out refi, rinse and repeat.

Can you expand on that point?

If they rent it shouldnt they just sit around and collect payments?

Also, isn't this all highly reliant on location?

[gjmarsh]

Sure. You buy a distressed house with leverage. Improve it, which if done in a smart way should raise the value more than what you spend on renovations. You can then go and refinance at the new appraised value, taking cash out. You take that cash and buy another property. Do this over and over and eventually you have a portfolio of properties and consistent cashflow from your rent roll. Granted this will likely take longer than a few months. You could probably do one flip in that timeframe, however.

[matt_wulfeck]

Cash out refi allows you to use your rental as leverage for a down payment on the new house.

[grizzles]

good advice. dont forget to start your own home renovation reality show. there seems to be an infinite demand for them.