Updated over 9 years ago on . Most recent reply
Cash or Cash Flow?
Hi BP,
Adam here and I just had a quick question about what a new investor should focus on.
I'm currently torn between whether to invest for more cash (via flips, wholesaling and selling homes on the MLS) or to put the money towards a small cash flowing property.
To add more detail; I don't have a whole lot of cash (saved only $6500). I currently set aside $600 per month.
My goal is to get enough cash flow to leave my current job and to start making RE investing my career.
Anyways your thoughts on the matter will be greatly appreciated. Thanks and I look forward to your responses!!