Renting vs Flipping | Building Capital

[Warren Bright]

Hey everyone!

So I have a question that I thought I would open up to BP, just to hear some of your thoughts and to take away as much advice as possible.

My question is: Is it faster to build up capital from flipping houses or from renting them out ?

I am a 22 year old student and still have one or two years left of studies. My aim is to build up a massive property portfolio, but my dilemma is the fact that I don't have capital - and after I finish studying, it will take a while before I will be earning decently.

I am in the process of purchasing my first property and I know how important it is to hold for as long as possible (especially if you are wanting to build a property portfolio), but after I purchase the 1st property, it will take at least a few years 6/7+ before I would be able to put down a deposit on another property.

So in this sense, do I flip my first property and repeat this strategy until I have enough capital to purchase a property, hence decreasing the loan amount I need (allowing me to easily purchase another property as one will fully pay off the other).

Or do I buy one property and hold it for say 6 years until I have enough to put down a deposit on a second investment?

I will appreciate every bit of advice.

Thanks in advance!