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Updated almost 7 years ago,
Where Do I Go From Here?
Hi everybody!
I am trying to get some advice on what my next move should be. Last year in January of 2017 I bought a house in Ruby Hill, Denver for $227,000.
Spent a year doing renovations but now the house in brand new! Reno cost about $25K all on zero interest credit cards.
House is now worth ~$300,000. I am ready for my next move but not sure what it should be! I have all kinds of tools, contractors, and skills I’ve acquired in the last year. I could do a flip like this again in half the time for half the money.
The issue is capital. I still have a good chunk of debt to pay off and am still kind of scared of hard money. I live in this house so renting it out is not an option yet. Should I try wholesaling? Should I partner with someone? Should I become a project manager for other investors?
Would love some direction from you guys. Thanks!