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Updated about 7 years ago,

User Stats

37
Posts
6
Votes
Justin C Huggins
  • Clinton, AR
6
Votes |
37
Posts

Leverage vs. Cash buy? Novice Investor

Justin C Huggins
  • Clinton, AR
Posted

My primary goal is to acquire more properties quickly from either refinance or heloc from existing properties. I have roughly 50K right now to invest and I am looking into 2 different turnkey providers, Morris Invest and PARC. I can purchase potentially 2 houses with PARC while putting down 20-25%, but will only be able to purchase 1 with Morris invest. The ROI is going to be very close either direction. Any recommendations for a newby or things I should consider? In terms of housing quality, PARC seems to have higher end properties (B class), and Morris Invest is primarily (C class).

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