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Updated about 5 years ago on . Most recent reply

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12
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5
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Carlos Tovar
5
Votes |
12
Posts

I want your opinion

Carlos Tovar
Posted

I am at a cross roads

I recently bought 3 properties in Scranton PA

For rentals purpose

Than the coronavirus hit

I am dragging my feet and fixing them and I was going to flip them

But I have this idea of making them rentals

Here my problem

I flip houses in New York

I done about 16 flips in the past 2/3 years

I just finish 2 flips

Have about a million cash

And about 400 grand lines of credit

I am about to buy a house worth 1.5 for 595...

I am getting financing and now it look like I might have an issue because the coronavirus

Here where I need your opinion

I am tired of dealing with real estate problems

They are always these impossible problems that cause stress and headaches

I am looking to do rentals fully..

Mainly with a BRrrr strategy...

Want to focus on buying and repairing fast

The way I see it

I buy 100 rental at 500/600 rent each that 50/60k a month

I rather do this than deal with these problems anymore

Advice ?

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