Would you try flipping or buy a 4 plex?

[Samantha Klein]

I'm posting because I am stuck, I don't know which direction I want to go. I will have a decent amount of money early next year from a cash out refi and I wanted to buy a 4 plex or two and start earning rental income on those however I have always liked the idea of flipping houses. Would you flip a few houses first and use that money to put down on a plex or two, or would you just buy the 4 plexes and keep saving for more down payments? I ran 6 year estimated numbers on where I want to be and would have approx 120k more in 6 years if I held off buying the 4 plexes for 1 year and flipped 2 houses a year for a 20k profit each then using the profits to use as DPs. 

[James Syed]

Welcome to BP.

We follow:

Buy - Buy - Buy - Flip - Buy.......

Hope it helps.