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General Real Estate Investing

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Looking for a strategy

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Posted Aug 3 2008, 11:01

I am buying my first house for 95k it will deifnately appraise for 125+.
In two Years I will take a HELOC and get 20-25k hopefully.
I can not figure out which investment to make next. I want to make a investment that will allow me to get to invest investment (3) faster.

In the end I want to own duplexes and buy flipping properties but take out a HELOC and rent them out. Should my next move be the fixer upper or the duplex?

I was thinking the duplex because then I have a postive cash flow to put towards the fixer upper when noone is renting it. (ideally)

Any advice would be greatly appreciated.

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