First investment ideas

1 Reply

I am getting ready to make my first investment. I am finishing up a home remodel/addition on my primary residence, and will have close to 100k equity in the house when done (owe about 100k, worth about 200k). I'm thinking about doing a cash out refinance ( getting around 60k) and purchasing a home to start the BRRRR process. I'm in Kentucky, so this is definitely possible with this amount of money. Any tips/ideas/suggestions are appreciated

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you