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Updated about 5 years ago, 11/21/2019
Newbie Investor looking for direction to start buying
Hi Everyone,
I'm a newbie investor that has not yet purchased any properties. I have been doing a lot of research, attending webinars to become more knowledgeable about the business. I recently completed our very own Brandon Turners Newbie Investor 4 video Blueprint. Video 2 asked viewers to decide on what they wished to do rather it's flips , rentals, wholesaling etc. I want to do both. However, the importance for someone such as myself is to choose one and master that area. Being as though I'm doing this on my own should I start with a small project by investing in a rental property to utilize the BRRRR method or should I go into flipping a home. I won't be using my own money for either. I will have to find private investors or hard money lenders for either deal/direction I go into (flip or BRRRR). Based on this information should I do flip or BRRRR?
Thanks in advance.
Alicia J.