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Anthony W.
Pro Member
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118
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Finally Out of Debt Looking to Invest....

Anthony W.
Pro Member
Posted Jun 20 2021, 04:04

I am finally debt free and looking for suggestions from ANYONE on how to break into the Real Estate arena. Below are some thoughts I had about the way to go about it. I currently have a pretty good credit score now but just a small savings of 10K with access to borrow up to another 60K personal. 

1. Take a hard money loan and purchase a place to rent

2. Get a personal loan and purchase the property outright, BRRRR it and pay off the loan.

3. Use the BRRRR with the Hardmoney loan (only thing is no purchase track record)

Like I said any thoughts will help and thank you.

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