Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
Ashley A.
  • Seattle, WA
0
Votes |
6
Posts

How would you turn $200K into full time real estate investing job

Ashley A.
  • Seattle, WA
Posted

How would you turn $200K into a full time real estate investing career?  My idea is to start with fix and flips to generate cash flow and then eventually purchase buy and hold properties.  I like the idea of paying in cash instead of using a lender, but am I being too short sighted / cautious?  If I tie up all my cash, I can only work on one property at a time, however, going slow and steady may be a good idea since I am so new.  This is my new career and my only focus.  I look forward to hearing your thoughts and advice.  

Most Popular Reply

User Stats

921
Posts
699
Votes
Ryan Blake
Pro Member
  • Lender
  • Texas
699
Votes |
921
Posts
Ryan Blake
Pro Member
  • Lender
  • Texas
Replied

@Ashley A. I am in the same situation. $200k and I am fix and flipping. I choose to go with financing so that I would be able to do 2-3 projects at a time vs 1. I am posting my journey in a blog if you are interested, check it out.

  • Ryan Blake
  • [email protected]
  • 214.420.7324
  • Loading replies...