Should I do Fix N Flip ?

[Omri Avital]

Hey, I have $80K-$90K liquid money. Interested in investing in real estate

I have experience of 2 years which I did wholesaling 

My goals are to increase capital + accumulate properties. Would love to hear suggestions

[David Spurlock]

Quote from @Omri Avital:

Hey, I have $80K-$90K liquid money. Interested in investing in real estate

I have experience of 2 years which I did wholesaling 

My goals are to increase capital + accumulate properties. Would love to hear suggestions

 Hey Omri,

It's great that you have been doing wholesaling to get into real estate!  

If you take the route of fix-n-flip, you'll accumulate capital but not properties. The BRRRR strategy sounds like what you are going after. Building capital through forced appreciation while still holding the property.

My advise to you is to not using your full 80k to do a renovation but instead start off smaller (30k-40k). The primary benefit of a smaller renovation is you'll have a larger safety net if the renovation gets out of hand, the property won't sell, or if it takes longer than expected to rent. I would read into BRRRR strategy and see if that fits your goals.