I need advice on route to take

[Brandon Metzler]

I just got into real estate in January and I’m not sure of which route I want to go with my first two deals, so I’d like to know what y’all recommend. Here’s where I’m at..... Deal #1- I’ve got a lease option (as buyer) closing next month. Purchase price is $125,000 and I’m wondering if I should list it for sale with comps in my area around $170,000 or should I hold it as a rental with comps renting for $1450-$1500 and continue with the BRRRR method? Deal #2- Closing tomorrow on a rehab with purchase price of $120,000 rehab costs of $60,000 and ARV of $295,000-$310,000 and I’m wondering if I should flIp it immediately after rehab or live in it and do a cash out refi or HELOC to fund the next deal? I’m a newbie and would greatly appreciate any wisdom or knowledge, or whats worked for y’all in similar deals. Thanks!