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Updated over 2 years ago,
I have over 200K in equity! How do I put that $$$ to work???
Hello everyone, my name is Jake. I am active duty Navy and live in San Diego, CA. I was fortunate enough to buy a home in SD California in February of 2020. I purchased a 3/2 SFH for 490k and the Zestimate is currently 715k. I would like to put this money into action to acquire some wealth building assets. Based on the recommendation of a friend/mentor, I recently read Long Distance Real Estate Investing by David Greene and I am just about finished with the BRRRR book also written by David Greene. I am absolutely hooked on this BRRRR Idea and would love to get into a BRRRR situation in Deltona/Deland/Sanford area of FL. My father lives in FL and I think I would like to get a property there because it will give me peace of mind to know that I had someone in the area of my first investment property. I appreciate any advice from all of you and I look forward to your responses. Thank you!