Updated over 3 years ago on . Most recent reply
BRRR or traditional rent for first time real estate investors?
Hi all! I currently have $54,000 saved up should I continue saving for brrr (the reno cost) or should I go with a traditional loan and rent it to tenant.
Of course in both cases I will look for great deals, but I can't seem to decide. I am just starting to get into real estate investing and any insight will be great.
I guess what I am feeling that is that I want to get started with investing in real estate instead of kicking it down later for the future. Should I wait a bit for BRRR?
I haven't done any reno work, but it seem to excite me to learn how to fix broken down houses.