All Forum Posts by: Amanda Forziati

Good Morning, everyone. I have come to understand, that in this business, it's important to make moves based on data and numbers, however, with this post, I am seeking a bit of an educated opinion, I suppose. As a newbie looking to get my feet wet in purchasing real estate for investment purposes, I am curious to know what the best first move would be, if the investor has approximately $50k of their own money to get started? Would you flip, buy-and hold, etc.? Would you put down the whole chunk of change on a mortgage for an expensive property, or, do you finance and use the available cash for updates? Credit is fantastic, and annual household income is about $200k with 0 current debt. I am living outside the US with my employer, but will be returning late spring 2020 to Florida. That is when I anticipate purchasing my own home, as well as parking some of my saved money into RE, where it could be put to work for me, as opposed to sitting in a bank account. What would you do in my shoes?