New Denver Flipper/Investor!
Hi all current Denver flippers and investors! I am currently in the research stage of becoming a real estate investor and looking for advice, tips, etc. I am looking to fast track this process since I am currently not working and my hubby will no longer be employed after June 1st. We have talked about doing this for 15 years as we have rehabbed our own houses and believe this would be a good time to strike.
Our ultimate goal is to obtain 10 rental properties in the next 5 years to create enough passive income to run our household. We are also interested in fix and flip opportunities since we have experience rehabbing our own homes. My thinking is that the fix and flips could give us more capital to invest into rental properties. Right/Wrong?
Thanks in advance for the responses!