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Updated about 10 years ago,
Would it be Unwise to start out as renting?
I can purchase a property for around 14k in a 35-50k neighborhood. Can mabey get it for around 10k if I pay cash.Need about 1.5k in minor repairs. Still have yet to have a contractor see the property and give proper estimate, renting the area is anywhere from $450-750 a month.
I know people say you should start off wholesaling when it comes to investing!!
Would it be to much of a risk starting off renting?