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Updated almost 8 years ago,
Flipping, Wholesaling, renting?
Hi,
I'm brand new to the investing environment (don't own any houses yet.). I'm trying to learn as much as I can and determine my direction. I'm 27 years old, live in Philadelphia and work full time. My question to new investors and advanced investors alike: What do you recommend I start with? Flipping, wholesaling, or income producing? From the everything I've read and listened to, it seems like flipping is what a lot of newer investors do first, and then get into buying rentals later. I do like the idea of flipping, (making more money in a shorter amount of time) but I also like the security of having steady extra income. I don't plan on quitting my job any time soon, but maybe down the line if I become successful enough I'll do this full time. how did you guys go about investing when you first started out?
-Nick