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Updated over 16 years ago on . Most recent reply

User Stats

1
Posts
0
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Ryan Harris
  • Renter
  • east alton, IL
0
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1
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What's most profitable?

Ryan Harris
  • Renter
  • east alton, IL
Posted

I'm getting ready to purchase my first home. I know you can make money with real estate if you do it right but I'm not sure which would be a wiser decision. I'm deciding between buying a house and then keeping it and using it as a rental property, or buying a house and trying to sell it to make money. I am single and 22 so I do not have a family to worry about providing a place to stay. Also should i buy a cheaper place around 25k which I could pay off much more quickly and start making profit or something around 75k which could potentially rent/ sell for more?
Thank you for all advice

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