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Updated almost 6 years ago,

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Derek Wolpert
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New investor financing

Derek Wolpert
Posted

Hello all,

I’m brand new to investing, actually haven’t even started yet. Just a quick question though. I’m in the Long Island, NY market where houses are very expensive. Even if I have 20% for a investment, should I look at trying to not use any of my own cash? Trying to weigh the advantages to paying a high interest with hard money or other creative financing. Also, Should I start with flipping or BRRRRs as a beginner?

Thanks

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