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Updated over 6 years ago,
First deal opinions.. rehab or rental?
So my partner and I are in a big debate. People have their different opinions and my realtors friends and the people I talk to all have different opinions. Any response is appreciated.
We are looking at multiple properties. Some with tenants, some without. Some people suggest buying a home, rehabbing it, selling, and reinvest the profit. Some also say so buy a property with a tenant, fix it it, sell it. I’m more so attracted to multi-family property. We are also looking at a duplex. As our first deal I’m looking for the best option so we can get moving, save profits and add more and more properties at a time into our portfolio.
Thank you all so much.