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Updated about 1 year ago on . Most recent reply

User Stats

3
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Zachery Gustafson
  • Real Estate Agent
  • Grand Rapids MI
3
Votes |
3
Posts

BRRRR I need help!! PLEASE!!

Zachery Gustafson
  • Real Estate Agent
  • Grand Rapids MI
Posted

Hello!! I am a Realtor in Grand Rapids and looking to start my REI journey. I have about 60k in capital and would love to see what kind of advice you all have. I am having trouble finding good deals in GR and the Lansing market, so that's my first ask is, where is everyone finding off-market deals? Also, what are the best loan programs to try and leverage the bank for my first Investment? I appreciate any and all advice. I work real estate as a part-time job. My full-time position at my w2 job is at a turn services company called Premiere Property Services where we offer all contractor work under one roof. Paint, Drywall, Flooring, Turn Repair, construction resurfacing, and power washing. I make over 80k salary here with an added sales commission structure on top of my salary.

  • Zachery Gustafson
  • Most Popular Reply

    User Stats

    4,576
    Posts
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    Robin Simon
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Austin, TX
    4,414
    Votes |
    4,576
    Posts
    Robin Simon
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Austin, TX
    Replied

    In regards to financing - check out this article published to BP about all the pros/cons and options for financing BRRRR! Regarding agents - I recommend the Find An Agent Tool here on BP (top toolbar)

    https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

  • Robin Simon
  • [email protected]
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