160k to invest: BRRRR vs Traditional Buy-n-Hold

[Rudy Brown]

Hello BPers, 

As the title states. I just got a HELOC for 100k and I have about 60k of my own money to invest. I love the BRRRR strategy but finding a killer deal in my competitive South Florida market is nearly impossible. Additionally, with a 120k budget, I would only be able to fund one property at a time. That being said, would it be as advantageous to spread my money out and put 20% down on 4 to 5 properties (Traditional) as opposed to 1 property with BRRRR? What method can I scale quicker with? Thanks in advance!

[Andrew Johnson]

Rudy Brown Some of your answer boils down to: How much time to do you have? If you have a demanding W2 job it's a lot easier to "manage the property manager" in a buy and hold than it is to be hands on in a property rehab. One option is a lot more "passive" than the other.