Year 1: One property or Two Properties?

[Roger Fabian]

I plan to buy my first property in 2020 around first quarter, but that being said I have saved enough money to possibly getting two Properties. Is it wise to take advantage of my savings and get two Properties my first year, or should I wait until year two to grow further?

[Joe Villeneuve]

Any move you make right now, without a plan, can handcuff you for any and every move you make, or want to make, down the road...especially your very next move.  Do NOT make any move, until you know what your Plan is...and "flipping 3 properties, and holding one per year" is NOT a plan.

I don't care if you find 2 deals that will cash flow $1000 each, don't do it...yet...until you see if and how buying those properties fits into your...(wait for it)....future plan.