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Updated about 6 years ago,
First deal flip or buy rental?
Hey guys,
I just wanted to hear some of your guys opinions on this. I was wondering what would be better to start off as a real estate investor?
My long term goal is to focus on multi family properties. I have been saving a lot and working hard and finally for my market have enough money to put 20% down on a duplex.
The question is should I try and do a flip in order to gain more experience about the buying process and other technicalities of purchasing and handling property?
Or
Since the funds are present, should I pull the trigger on a rental property when a cash flowing opportunity appears in my market?
Thanks!