Need Wisdom with starting out

[Eric Northrup]

Soo...Need Wisdom.

We have a property that we renovated completely with the hope of BRRR. However, we are having more and more opportunities to buy properties that are a little better in our buy box.

We are wrestling with do we sell or add it to our portfolio.We will make money either way but we would be taking 15-20k hit loss in our overall profit if we sell. 

If we rent, we would be cash flowing little 200+ but now strapped for cash to buy more properties. 

There's more details I could give but this is the initial quandary.

Thoughts?


https://www.zillow.com/homedet...

[Ryan Deasy]

@Eric Northrup sell it. no offense but 200$ in cash flow probably does not move your needle much. sell it and scale up. more units the better. youre doing all the right things, but for me, continuing to buy and sell properties with the idea that eventually i will get to bigger and better is what has worked well for me. obviously important to align yourself with good wholesalers, lenders etc. happy to share my hard money guy with you for your next purchase. either way, best of luck!