First Timer
Hi,I am a first time www.investor.I have an agent who will work with me and soon will have a good amount of capital to work www.with.I also have a very good amount of equity in my own home....My question is: I have learned a little about REI and have come to the conclusion that the more I learn,the more confusing it is...Basically, I dont want rentals.Should I invest in rehab or foreclosure? I have the capital to make a good % down...but dont know the game well enough to make a www.decision.Im not nervous about the plunge, just dont know the right pool to get wet in......Please help. :-?
Well you need to get educated to the point that you understand whats going on.
What works well for you depens on what you want to accomplish. You want passive cash flow, then rentals would work. You need cash upfront, then flipping would fit the bill.
If you're still confused, DON'T invest yet!!
You will lose some money.
DS