Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
Looking towards my next move in REI
New to BP,looking to hear some thoughts on your experiences, and looking to determine my next REI move. I currently am going through a cash out refi on my current property (house hack duplex) which I bought almost two years ago for $45k and put $15k in renovations, 95% without contracting out. I will end up with approx 65-70k available after I close. I'm open to both flipping, or investing in multi family property. Thoughts are one of the following: house hack a single family, BRRR a 2-4 family property, or get an FHA for my single family & buy a multi family unit. With the last option, I'd look to buy, renovate, and rent the multi family prior to getting the single family. I have great resources available to me, so at this point, I'd renovate as much as possible by myself, within my abilities of course. Just curious as to your opinions. Thank you, and it's great to finally be a part of the BP family!