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Updated almost 5 years ago,
100k profit on 1st flip- now what?
I’m about to finish up my first flip! I’m so excited! I’ve always said “ if I just had 100k I’d turn it into 100 million...
Welll.. now what haha.
We are going to profit about 200k (hopefully more) off this flip. My cut will be 100k. I want to be smart with my next move and appreciate any suggestions!
I have a about 60k in student loan debt but I’m not sure if I should pay that off or keep re investing this money. I’ve become obsessed with listening to all the BP podcasts, they are so helpful! I want to eventually buy rental properties and keep flipping.
I’m still learning about the money side of investing and all the different ways to fund deals. I live in Boston, MA currently so out of state investing has interested me a lot!
Any help/ suggestions/ guidance is greatly appreciated! :)