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Updated almost 7 years ago,
Flip or Buy and hold?
Hi dear community,
I'm a rookie out-of-state investor in a middle of a dilemma with myself, I've got my first proprety in port st lucie refinanced and was able to pull out 50k for the next move. Now, I've got my agent bringing me mls houses, but the numbers are not matching my excpectation (1% rule)
Now, I'll be staying for a month, so I'm telling myself I should try to partner on a rehab project. I know is always coming back to the question ''what are my goals" It's buy & holds (MF is the goal), but I'll like to build some cash aswell to get there.
what do you guys think??
Regards
Louis