Seeking advice before investing

[Joshua Dugdale]

Hello BP KC Community!

I am preparing to move to KC this month for a new position with my corporate job and I will soon need to make some decisions if I want to get into real estate investing. If you could please take a look at my situation and provide your opinion, I would be very grateful.

My long-term goal would be to become a rental investor to build equity but I think flipping might be the best way for me to enter the investing game with more cash. I currently have $25k that I am willing to put down (my skin in the game) and I have a very good credit score. I already have housing secured for myself through May but I am considering doing the “house hack” at that point when my housing expires.

If you were in my shoes in this current market, what strategy would you choose? Should I consider a hard money loan for a flip in the Spring or be patient and “house hack” in the summer (until the two year period ends)?

Lastly, I would love to connect with any local flippers to shadow deals or just to simply learn about the market. I know your time is valuable so I certainly appreciate you even taking the time to read this post. Best wishes!