All Forum Posts by: Account Closed

my lease agreement specifically says they cannot use the deposit as last months rent. What if you use it and then that last month something is damaged? Then you have to pay out of pocket 

@Jake Kain that’s funny, I am currently living in my boyfriends fix and flip. We’re doing the same thing. Fixing it up and then we will probably rent it out 

@Kirk R. why do you say nothing until Christmas? In case a of a market collapse?

@Account Closed I’ll send you a PM

I am a newbie investor. I will soon have $65k from a cash out refinance from a property that I inherited and am now renting out. I am interested in BRRRR method, however in the market I am in, I would probably need 200k-300k (which could take a few years) to BRRRR a 3/2 single family home. I am wondering if I should invest the 65k into the stock market and just save up more money from my job, or if I should just buy another home in the next few months-year using the traditional method and use the 65k for down payment and rehab. I am worried if I wait too long that the market could continue to increase and I would be behind. I am quite new and I haven't made many connections to get great deals.
Buy and hold investors, what would you do with 65k?