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Updated 3 months ago on . Most recent reply

Yianni Hahalis's profile image
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Yianni Hahalis
  • from Bethlehem, PA
  • Member since Dec 21, 2024
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Yianni Hahalis's profile image
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Yianni Hahalis
  • from Bethlehem, PA
  • Member since Dec 21, 2024
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Yianni Hahalis
  • Bethlehem, PA
6
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Starting Out

Getting Your Foot In The Door

Yianni Hahalis
  • Bethlehem, PA
Posted

I'm looking to move to Cleveland within the year and get my foot in the door with real estate. If house hacking isn't the best option for me, how would you recommend starting out to build up some investments. The BRRRR method? I don't have a lot of time or bandwidth to invest in a fixer-upper and I would like something with limited work.

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James Wise
  • #4 All Forums Contributor
  • Real Estate Broker
  • from Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
  • Member since Jun 13, 2013
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James Wise
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  • from Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Quote from @Yianni Hahalis:

I'm looking to move to Cleveland within the year and get my foot in the door with real estate. If house hacking isn't the best option for me, how would you recommend starting out to build up some investments. The BRRRR method? I don't have a lot of time or bandwidth to invest in a fixer-upper and I would like something with limited work.


Buy a 4-plex with an FHA loan. Live in 1 unit, rent the other 3.

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