$350k to invest. Young investor

[Skylar Smith]

I’m 25 and needing advice on how to move forward. Started out at 19 on the Dave Ramsey plan of getting all my stuff paid for with no loans. I redid my first home at that time and got lucky buying my first house off someone who was about to lose it. I had about 50k in  Equity and started flipping small houses in town. I’ve now done about 7 houses and have got my primary residence paid for which is worth about 375k. I’d love to get some ideas on how to move forward in Real Estate. Some things I have thought to do is keep flipping with a line of credit and save cash for when the housing market goes down. Also to keep buying fixer uppers and then turning them into rentals that already have 20%  Equity.

Thanks in advance for your advice!!

[Bill F.]

@Skylar Smith

This type of question gets asked a lot here on BP and I give more or less the same advice every time. 

1. Don't publish your full name and amount of money you have on an index-able website. This is a great site filled with wonderful people, but as with any group, there exists a small minority who seek only to enrich themselves even if that is at the expense of others. Be prepared to have some inbox message from people "looking to help" by telling you about "abc opportunity" and it just so happens that they sell "abc opportunity" 

2. figure out your "why" for REI. Then do an honest assessment of your knowledge, skills, passions, and abilities. Once you know those, picking a way forward in RE will become pretty much self evident.

3. Use the search function to see the previous answers to this question.

4. If you don't like points 1-3 above, see @Jim K.'s recent thread on a similar topic. There are some great answers in there.