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Updated almost 10 years ago on . Most recent reply

User Stats

113
Posts
29
Votes
Jonathan Thrasher
  • Grand Rapids, MI
29
Votes |
113
Posts

Photographer/Designer from Michigan

Jonathan Thrasher
  • Grand Rapids, MI
Posted

Hello!  I'm Jonthan from Grand Rapids, MI.  I've been a photographer for the past 12 years and I'm looking to change paths and move into investing in real estate.  I've always had a passion for design and want to use that passion in this new chapter in my life.  

I currently own one home and trying to decide what's the best use of the equity I have in it to purchase other properties.  That's why I'm here. :) Looking forward to learning more and networking with others.  

Jonathan 

Most Popular Reply

User Stats

297
Posts
137
Votes
Tim VandenToorn
  • Real Estate Professional
  • Rockford, MI
137
Votes |
297
Posts
Tim VandenToorn
  • Real Estate Professional
  • Rockford, MI
Replied

@Jonathan Thrasher  Half the battle in real estate investing and flipping is to be able to visualize the finished product.  I think you will have a huge advantage here with your background. 

There are a lot of opportunities in Grand Rapids.  When I started, I refinancing my primary home and used the money to purchase a few rental units.   The great thing about this is you can borrow money on your current home at a better rate than banks will loan it to you on an investment property.  Sometimes this will save you up to 2%.  

I would love to connect with you if you want to discuss the market and what you can expect in your first rental.   

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