To Flip or Not to Flip....

[Jessica Gourdine]

Hello all,

I'm new to the site and investing. It's been something I've wanted to do for years but have suffered from paralysis by analysis. After researching, reading and being introduced to the site, I'm ready to get off the sidelines and pull the trigger.

I know I'll have plenty of questions as I move through the process, before I jump in, I was wondering what the thoughts were on starting doing a flip vs a buy and hold. My thought process was to do flips until I can get enough capital to start building my portfolio with single/multi family rentals. Also, are there any creative ways to do flips if you don't have all the repair/upgrade money up front? Is it unheard of for contractors and subs to be paid in installments or once the home is sold?

Looking forward to hearing from the BP community. Thanks.