General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 14 years ago,
Transitioning from from rehabber to holder
Hey guys,
I am at a fork in the road and am not sure which way to go. Let's assume I have 200k to rehab houses. I want to buy an apartment that will require 100k down and the rest financed. If I do that, 50% of my rehab money is gone because I am holding an apartment.
If I DON'T buy the apartment, yes, I'll still be able to rehab many houses w/ the 200k, but then I don't have a long term plan in place ie: the apartment.
I was curious to know how you guys draw the line in your play book in order to do both; rehab + buy to hold. Any advice would be appreciated thanks!