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Updated almost 5 years ago, 12/10/2019
Next best move for Massive Wealth
Greetings! First off, thank you for taking the time to read my post. I don't create a discussion often so I'm excited about this.
I've researched a couple of threads here but couldn't really get a pinpoint answer. I'm wondering what's my next move after purchasing a property.
Scenario:
- purchased a 4plex with a VA loan
- I have 80k for capital
- I prefer buy and hold but willing to flip for more capital
Question:
1. Do use the capital to build more capital?
2. Partner up to get into larger multifamily?
3. Buy more 4plex and use conventional loans?
*My goal is to buy enough rentals to replace and current paycheck and finance my lifestyle in the shortest possible time. Just in case, you're wondering why I invest in the first place.
There's so much experience and wisdom in this platform and if only 1 can provide a solid advice, it would also help anyone else who is wondering, I would be grateful and I would pay it forward.
Thank you in advance and have a great day!