Buy and Hold or Flip for First Deal?

[Desiny Smith]

Hi Everyone, So I have been stacking my brain for the past few months trying to decide whether to purchase a multi family property as my first deal or to do a fix and flip? I know that it all comes down to personal preference and long-term goals, but I was hoping I could get some advice from other members? I live in upstate NY in Saratoga Springs and I don't know if I can bring myself to purchase a home in NY with the property taxes as high as they are–even with an abatement or an exemption! So my question is what was your first deal and how did you finance it? Would you do it differently if you could? Tags : Albany, NY ; Capital District ; Glens Falls, NY ; Queensbury, NY ; Upstate N.Y. ; Buy and Hold ; House Hacking ; Fix and Flip ; Action Investors ; Foreclosures ; REO ; Wholesale