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Updated almost 5 years ago on . Most recent reply
I want your opinion
I am at a cross roads
I recently bought 3 properties in Scranton PA
For rentals purpose
Than the coronavirus hit
I am dragging my feet and fixing them and I was going to flip them
But I have this idea of making them rentals
Here my problem
I flip houses in New York
I done about 16 flips in the past 2/3 years
I just finish 2 flips
Have about a million cash
And about 400 grand lines of credit
I am about to buy a house worth 1.5 for 595...
I am getting financing and now it look like I might have an issue because the coronavirus
Here where I need your opinion
I am tired of dealing with real estate problems
They are always these impossible problems that cause stress and headaches
I am looking to do rentals fully..
Mainly with a BRrrr strategy...
Want to focus on buying and repairing fast
The way I see it
I buy 100 rental at 500/600 rent each that 50/60k a month
I rather do this than deal with these problems anymore
Advice ?