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Updated about 5 years ago on . Most recent reply

User Stats

2
Posts
1
Votes
Corey Edge
  • Atlanta Ga
1
Votes |
2
Posts

Early Investor looking to cash out

Corey Edge
  • Atlanta Ga
Posted

I purchased a distressed property in the heart of the recession. After a substantial live-in rehab, I think the time to cash out is now. I need advice on wether I Should loan against the property or take the profit and reinvest in more flips and rehabs. Any other suggestions for reinvesting in real estate would be greatly appreciated. Ive always wanted to be an investor so when the recession was amongst us I saw the opportunity to Invest low with a higher ROI. Im in Atlanta and Im looking for REI groups and or other motivated investors/flippers to speak with.

Most Popular Reply

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4,137
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3,816
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
3,816
Votes |
4,137
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Replied

Without the numbers, location, and condition of the property no one can give you advice. What's your strategy? What's your the goal for REI? Lot of people bought stuff during the recession but it doesn't make them an investor.

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