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Updated about 9 years ago,
new to real estate investment flip or hold/rent?
Hi everyone,
I am new to the site and new to real estate investment, I’ve trying to get a house for the last year but the market here in south Florida is full of cash offer and kept loosing on offers that I send, so I decided to invest instead, I already own an apt that is value at 3 times of what is left on my loan(thinking of selling since the building does not allow to rent), I also have a good amount in savings to purchase a cheap property or down deposit if price is too high, so I want to use this is and the fact that my apt is almost paid to keep working on my financial stability, I’m 30.
So what you think, flip or hold/rent, and why? Also if you have any pointer as to best places to look I have found out Zillow is not necessarily the best place.
Thanks!!!