Need advice for my real estate game Plan!!
What's up everyone, I was wondering if I could get some advice on my real estate plan. I'm looking to start investing In The Lehigh valley area of PA with primarily buy and hold sfr and small multi families. I own my own residence ( no I can't house hack) and have about 45k to get started and I think I'm ready to take the leap. I'm connected with a friend who is a real estate agent and Also an investor who has been sending me homes that meet my criteria on the MLS. I'm interested but hesitant to try the BRRRR method for my first deal bc I dont have a lot of experience with contractors or financing. I do like the idea of getting a large amount of my money back to reinvest if the deal goes smooth but what's the drawback if I take the safe road and purchase a sfr that cash flows ? How do I make that jump to earn enough passive income to be financially free??? Seems like that's hundreds of deals away when I do the math ?? Thanks everyone. Any advice is appreciated