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Updated over 9 years ago on . Most recent reply

User Stats

20
Posts
3
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Chris Kenyon
  • Vancouver, British Columbia
3
Votes |
20
Posts

Short term buy and hold vs just saving.

Chris Kenyon
  • Vancouver, British Columbia
Posted

Hello all. 

I need some advice. My goal is to get into flipping with in the next two years once I build up a bit more capital. 

In the mean time I have enough for a down payment to buy a property and rent it out. I am wondering if I should focus on buying a rental or just save? 

Will I lose any or all the money put into the property throughout that short term hold? 

I apologize if this doesn't make sense, and appreciate your input. 

Thank you. 

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