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Updated almost 8 years ago on . Most recent reply
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Which option is best to start with for beginners
Ok I'm at the point now where I'm tired of reading and watching videos about investing and feel like I need to do something. I already feel that I'm so far behind with REI at my age of 31.
So, I really want to invest in a duplex or another multi-unit but I don't want to live in it. I also have thought about maybe a live in flip with a SFH. I'm trying to do this with using the least amount of my own money (which isn't much) as possible.
I want to start out renting and then eventually get into flipping but need help deciding the best way to get in using the least amount of my own money.
I have found plenty of properties in the upstate SC area but with me not jumping in all of the other experienced investors with money are snatching them up. I just want to get my first one so I can keep it going.
Any suggestions???
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Understand, I'm currently working on my second live in flip I will be in it for another six months because of a primary residence clause. Stinks it could be on the market now, but in the beginning you have to start somewhere. I'm in the Columbia area if you ever want to network. I like the Greenville market seems to be a lot of potential in that area of the state.