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Updated over 8 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Nolan Murphey
  • Real Estate Agent
  • Voorhees, NJ
1
Votes |
4
Posts

Investing Help!

Nolan Murphey
  • Real Estate Agent
  • Voorhees, NJ
Posted

Hey guys, a friend and I want to start a real estate investing company. We want to start as soon as possible, but the problem is we are both in college and don't have a lot of money. We are both licensed real estate agents, so our plan as of now is to sell a few houses each and save that money for our LLC and for a down payment on a house. We will be investing in thew South Jersey/ Middle Jersey area. My question to you guys is would it be safer for us to start out with flipping or rentals? And is it even worth investing in a flip if you are getting a mortgage to buy it?

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