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Updated about 6 years ago,
First Deal Strategy Opinions
Alright guys! Opinion panel time!
So, right now I'm starting from square one. Virtually no cash on hand, 0 experience as a home buyer/investor, and whooooole lot of directions I could go. I'm having trouble settling on a strategy and niche.
Ultimately, I want to get into rentals. Of any variety, SF, MF, commercial, doesn't matter. Right now though, I'm not sure that's the best option. I'm leaning more towards doing fix and flips until I can get the cash to start buying up houses. Something about that doesn't feel right though. Do you guys think I should just do rentals from the get go? Or is a strategy that can lead to fast cash generation a good move early on?