All Forum Posts by: Noah Worley

Hello all. I have question for some more experienced minds. To start off, I am not new to the game, my father was an experienced flipper and he figured out how to BRRR himself before YouTube was really a thing. He passed away when I was 16 and left me a paid off mobile home. Once I finish renovations it will be worth 175k bare minimum

My question: what is the best way to start from here? I thought about doing a cash out refinance and using that to buy another property that needs work. I also thought about just taking out an FHA loan (since my wife and I both have 750 credit scores) and buying a house and renting out my mobile home to cover the mortgage. Then just building equity for a while until I can move again and use another fha loan. I'm basically just getting stuck on logistics. I don't want to assume too much risk, but I also want to have at least 8 houses by the time I'm 30. I'm very passionate about real estate and I cannot wait to quit my W2 and do this full time

Looking for some like minded people who have been in the game longer than me, not just keyboard warriors. Thanks guys.