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Updated about 8 years ago on . Most recent reply

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Dominic Washington
  • Philadelphia, PA
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23 and in my career and want to get started in Real Estate

Dominic Washington
  • Philadelphia, PA
Posted
Is it better to buy property straight out then needs work or to just finance a property for your first deal ??

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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied

There's no right answer to this question. *Generally speaking* you get the highest return by committing the least amount of your own capital to a profitable deal. That has to be balanced by maintaining healthy cash reserves, having enough equity to withstand market fluctuations and rental property issues, and your ability and willingness to grow. 

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Skyline Properties

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