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Updated about 3 years ago,
Absolute newbie here
Hello BP community! I'm an absolute newbie who is extremely excited about jumping into this world. I have a question that I cannot answer on my own and im sure many of you had this question when starting out.
Should I invest in rental or should I flip?
I know it's a loaded question but my thinking is maybe the first property I should flip so I can build up some cash reserves which I can eventually use to purchase a rental property and build from there. I love the sound of long term holding and being paid on that while it appreciates but then my money would be tied up in that property until I can save enough for another property. Am I over thinking this? Or is there a better way to think about this? Any experiences or advice you can share with me would be amazing. My market is Tucson AZ.
-Belliny Flores