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Updated over 5 years ago on . Most recent reply

Allen Smith's profile image
Allen Smith's profile image
Allen Smith
  • Rental Property Investor
  • from Shreveport, LA
  • Member since Aug 15, 2019
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Allen Smith's profile image
Allen Smith's profile image
Allen Smith
  • Rental Property Investor
  • from Shreveport, LA
  • Member since Aug 15, 2019
Connect
Allen Smith
  • Rental Property Investor
  • Shreveport, LA
0
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Starting Out

Rent or Flip????????

Allen Smith
  • Rental Property Investor
  • Shreveport, LA
Posted

I am curious as to which is better and why. Using a home you get at auction for $60,000 with an after rehab value of $160,000. Would it make more sense to take your $100,000 and move to the next flip OR rent, refinance, take your initial investment back, and reinvest into another rental? I am planning to use the BRRRR method on my first house but my spouse wants to flip. Need some advice.

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