Updated almost 7 years ago on . Most recent reply
Beginner Real estate investor.
Hey my name is Devin I live in Lubbock TX and I’m trying to begin my Real Estate Investing career.
Doing my homework and through several different books I have came across different strategies in ways to start up . I am drawn to BRRRR , questions on this strategy is it best to do a 100% cash deal , or use a loan with 20% down.
Just a little background on my status right now and ability to build capital just through my earned income , I can currently save between 5000-6000$ a month giving me the ability to essentially do 20% down Rehab deal based on a property at 75-100,000$ every 4 months , or in 18 months I could do a full cash deal in a home in your opinion what would my best route be to start .
Secondly is it better for me to just look into non REHAB deals , mostly geared towards SMF’s.