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Updated over 3 years ago on . Most recent reply
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Flipping or renting?
So I’m trying to get into real estate I’m going to be using a hard money lender to buy my first property. Now starting out what should I do buy fix and rent or just fix and flip I eventually want to do both, but wondering what is better as starting to get into real estate. I personally think it is a good thought to fix and flip first to build up capital than work my way into buy and holds. I just want other opinions on the subject.
Most Popular Reply
@Anthony Surach Both are possible starting out, it all depends on the type of property. You will need to ensure you have an investing criteria for renting and flips. The general thinking is what you can rent, you flip; and what you can't flip, you wholesale.
Before starting out, know your "why" in investing in real estate and establish goals to accomplish the "why".
Best of luck!