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Updated about 7 years ago,
First time real estate investor
This upcoming winter I have a plan to do a single family flip and sell because I thought this was a really good way to get into real estate investing and I looked forward to the rehab process. Now that I have listened to a bunch of the podcasts here at Bigger Pockets, I question if I should waste my time on single families or focus on rental properties which is what I would like to invest in the road. I don’t have the capital myself and have a private investor which will get his money and his percent back for the flip. On the other hand I don’t have an investor for a rental property because he won’t get his return back till a much later date. What do you suggest I focus on? And what are some steps I should take before making these deals?