What do I do next?

[Fuat Bagsever]

I'm in the process of purchasing my first multi family home, we're about a month away from closing. Unfortunately the rent won't be high enough to pay the entire mortgage but it will pay more than half.

I'm always thinking ahead and my question is what is the best next step? I will have extra cash to use to purchase another multi family or should I look into a house that I can flip? I know it depends on my goals but I'm still unsure which route I want to go. I'd love to get some feedback on prior experiences and starting stories.

[Aaron Montague]

@Fuat Bagsever

I would figure out how to get your investment to start making you money.

If the place is fully rented at market rates, I'd take the loss on the earnest money and back out of the deal. If you have a game plan to get this investment to make money month to month, focus on executing that part of your plan.