Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Starting Out
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 over 10 years ago,

User Stats

45
Posts
1
Votes
Nathan Zhivalyuk
  • Investor
  • Bala Cynwyd, PA
1
Votes |
45
Posts

What would you do in my place?

Nathan Zhivalyuk
  • Investor
  • Bala Cynwyd, PA
Posted

Hi everyone I'm brand new to this site and would really like to get started in investing ASAP as I know that is the best way to learn. However I know the first step is often the most important and I have been hesitant to make it. I am looking to invest in the Philadelphia area. I am not sure yet if I want to buy and hold or flip. I work a full time job and UPENN hospital and I wanted to get some feedback on what people think is better while having a full time job. Flipping or renting? Also, I have about 150k in equity in my home that I live in so I think I should be able to get around 100k in home equity line of credit. Does it make sense to use that to buy a property or is it better to just use it as a down payment and get a mortgage.

What would you do if you were in my situation? Which path would you take and why?

Loading replies...