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Updated almost 5 years ago on . Most recent reply

User Stats

6
Posts
1
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Andrew Flower
  • Real Estate Agent
  • Indianapolis, IN
1
Votes |
6
Posts

Overcoming Financial Obstacles

Andrew Flower
  • Real Estate Agent
  • Indianapolis, IN
Posted

I have been stuck in analysis paralysis for beginning my real estate career for the last couple years. My plan is to start by flipping homes until I have enough cash to fund a BRRRR project from start to finish and then continue with the BRRRR process from there on out. However, my wife has no risk tolerance for taking loans to perform these project for fear that if something goes wrong, it would negatively impact my family. I would appreciate any advice on how to creatively reduce or even eliminate personal risk so that we can start on this sooner rather than later. As much as I would love to just go ahead and start doing this work, I can't and won't do it without my wife's blessing. Any advice or guidance would be appreciated.

Thanks!

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