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Updated over 8 years ago on . Most recent reply

Jason Holley's profile image
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Jason Holley
  • from Douglasville, Georgia
  • Member since Apr 17, 2016
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Jason Holley's profile image
Jason Holley's profile image
Jason Holley
  • from Douglasville, Georgia
  • Member since Apr 17, 2016
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Jason Holley
  • Douglasville, GA
3
Votes |
9
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Buying & Selling Real Estate

If you were me.....

Jason Holley
  • Douglasville, GA
Posted

Hello all, this is my first post.

I recently sold my first home and made a 100,00.00 profit. I am now in the hunt for a cash house for an investment property. "If you were me" what Avenue should I pursue? Do I buy a cash house? Invest 50% and put 50% down.....my goal is to own multiple SFH and MFH as rentals/flips. Any advice is warmly welcomed!!!

JASON

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David Faulkner's profile image
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David Faulkner
  • Investor
  • from Orange County, California
  • Member since Feb 4, 2015
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David Faulkner's profile image
David Faulkner's profile image
David Faulkner
  • Investor
  • from Orange County, California
  • Member since Feb 4, 2015
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David Faulkner
  • Investor
  • Orange County, CA
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David Faulkner
  • Investor
  • Orange County, CA
Replied

BRRRR ... Buy a distressed property for cash, rehab it, rent it out, cash out refinance your initial investment, repeat. If you need a place to live after selling your first home, you can house hack it too.

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