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Updated about 2 years ago,
Buy and rent or buy and flip? DMV....DMV.....DMV AREA
I'm currently in the search for my first investment property and I was almost certain I wanted to buy a property and rent it out but after doing some math my passive income would only be about 400$ a month. Now I'm starting to think it would be best to purchase a property for around 150k and put 10-15k into it and flip the house. If anyone had any experience In the DMV area with either flipping or buying and renting your advice or experience would be highly appreciated.