Renting vs. Wholesaling

[Duriel Taylor]

Hello All,

I have owned a duplex since December 2013. This property has generated profit for me consistently for 6 months. I had repair issues and tenants issue but the new tenants are section 8 and I have not had any problems to date. My question is now that I believe the rough road is behind me I am ready to purchase another property. But I do not have the capital to do so. Are there any banks and or investors whom will use my property collateral thus finance the new potential purchase of at least the down payment? Or should I flip some deals to gain capital then purchase a new property with those funds? If your suggestion is the flipping route then please help me figuring that process out. I watched enough reality shows to say I know the basis but not enough to go out there to do myself. At your earliest please give me your feedback. Thank you in advance for your time.

Regards,