Hello BP community,
I have about $110k available for investment purposes; I am a real estate agent from Arizona, I just started this year and haven't made any attractive income yet (1 rental and 1 buyer deal currently); I also have access to around $100k in cash from investors.
Ideally, I want to help my self out first by solving my situation. I have thought about house hacking, BRRRR, or buying an apartment all cash where I can at least divorce myself first from debt (I currently live with my brother and pay no rent). As far as i'm concerned, my options are pretty limited since I have no income. (I can also get co-sginature)
I have been looking at deals for at least a 10% conservative COC return (not counting appreciation and deductibles) or if house hacking to at least cover all expenses. My searches have included multi-families, sfh, and condos.
My biggest struggles are finding deals and/ or making current market numbers work. If this was your money, how would you spend it?
Any advice, suggestions, comments, and opinions are welcomed.
Thanks,
Alex.