I am a newbie and I need help with a decision!!!
Greetings,
I am a new investor in the DC area. I recently just put my first investment property under contract. On the same day I was contacted by an agent on another property I submitted an offer on. The offer I put in on that property was rejected but, the agent called me and said the original contract fell through and I would be able to get the property for the price I originally offered for it for. I am using hard money and have the funds to complete 1 project. This being said I wanted to get some advice as to what to do with the second property. I could get a loan to fund the hard money loan on the second project, but that doesn't seem like the best idea. Can you give me advice as to what I could do with the second property?