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All Forum Posts by: Jeff Wright

Jeff Wright has started 12 posts and replied 24 times.

Thank you all.  Sell will be the answer for all the above reasons.  

With a significant amount of money in hand, would you use it to buy property or use your funds as a personal lender?  new to the game, wondering what has the most risk to it. 

I understand lending requires really knowing and trusting the people you work with, and buy to rent requires really knowing your own capabilities and those you work with. But wondering why you would pick one over the other?

I'm in my first home purchased with my wife and flock of kids but am about ready to sell it. However long term hold is looking pretty darn attractive.  Could sell in great market now, or refinance for funds and rent it. We didn't rehab it to rent it though. We put in lots of high end stuff with the plan of selling.  

Equity is great, relitor says sell, wife says sell, but it's an A house in an A+ neighborhood.  

Totally new to real estate investing, so open to your opinions.  Good or bad. 

Future: We bought this as an investment, and will be doing more REI with the funds.

Post: GRAND JUNCTION INVESTOR COFFEE

Jeff WrightPosted
  • Posts 26
  • Votes 4

Teri, Thanks for the invite.  This is my first 10 minutes after joining with Bigger Pockets and new to the game, but not new to the need to network!  I will try to make it. 

Jeff