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Updated over 5 years ago,
Advice for starting out
Hey, I was wondering if anyone could help me out a little bit on trying to figure out the best way to use my 70k I will be getting soon, I really want to get into real estate and flipping houses, and owning rentals, my best case scenario is buying and flipping a house and using profit from my flip to purchase a rental and then going back to buy another flip and so on and so forth, however, I only have 70k to start off with, can anyone give me some advice on what I could do? is that enough to start flipping? I was hoping to do this with no loans and to be honest I have not looked much into financing so if that is something I would need maybe some resources for me to look would much appreciated, thank you to anyone able to help me out!