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Phillippa Gilkes
  • Flipper/Rehabber
  • Atlanta, GA
7
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40
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10K Investment. Looking for options

Phillippa Gilkes
  • Flipper/Rehabber
  • Atlanta, GA
Posted

So I’m about to close on another wholesaling deal that I will make a 10k profit from. I really want to get into rental properties. Is 10k enough to go that route or should I keep wholesaling and build more capital ?

I want to take this 10k and put it right back out there, just not sure where.

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
4,416
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied

If you are having success with wholesaling focus on that and scale it.  Single family rentals have little cashflow and take up a lot of time to scale. You are way better building cash to invest in larger commercial and multifamily properties down the road.

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