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Updated over 9 years ago on . Most recent reply

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55
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6
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Christian Barth
  • Real Estate Agent
  • Minneapolis, MN
6
Votes |
55
Posts

flip or buy and hold?

Christian Barth
  • Real Estate Agent
  • Minneapolis, MN
Posted

Hi everyone my name is Christian im 21 years old and looking into investing in real estate. One thing im having trouble with is whether I should flip my first property or do a buy and hold. I like the flipping aspect because it would give me a way to produce capital quickly to invest into other properties. On the other end i think a buy and hold could also be beneficial because if i bought a duplex i could live in one unit and rent the other out. If you have any input or have gone through a similiar situation i would appreciate your two cents. Thank you!!

Most Popular Reply

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1,255
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1,097
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Joshua D.
  • Investor
  • Columbus, MT
1,097
Votes |
1,255
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Joshua D.
  • Investor
  • Columbus, MT
Replied

@Christian Barth

My vote would be to house hakk first and then look to flipping for capital, however only you can answer this question for yourself. Are you handy? Good at managing contractors? Tenants? Lots of factors that come in play. 

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