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Updated over 10 years ago on . Most recent reply
Another Buy-and-Hold or Flip?
So...I'm completing my first buy-and-hold and working to get a tenant in. Struggling to decide whether to buy another rental or do my first flip.
Advantages of another rental is to continue to refine my processes and add to my monthly cashflow/portfolio/experience. Not a bad thing. Advantages of doing a flip (if all goes well) is to get one under my belt, pay off existing debt, and build cash for next rental purchase.
Any reason to go with one course of action over another?