New Dayton Ohio Investor

[Shabre Gantt]

I have 10k saved and looking to do the BRRRR method in my area. I question if 10k is enough to cover cost of rental and the rehab. I have done research in my market on the MLS and homes are avg. more then 10k just to purchase. I am questioning if i should use my owe money to purchase and rehab my first rental property or use a bank. Also, i would like to learn of better ways to look for a good deal outside the MLS. I have a great interest in actions but i am unfamiliar with process or how to get involved and would love to connect with someone who has purchased homes via actions to learn more about the process, pros, and cons.

[Anthoney Hanks]

Welcome to BiggerPockets! Truly nice to meet you. Good luck going forward! Hope the best for you going forward in 2020!!

If you can, see if FHA or FAH 203 might be possible. Another avenue would be to seek out properties that are owner finance. Money might go further. Or find a partner that will do project with you.

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@David Greene and @Brandon Turner has some good ones.