Using leverage to BRRRR

[Marshall Snyder]

Hi everyone, my name is Marshall Snyder and this is my first post on bigger pockets. I am an 18-year-old in Indiana and I am a 50% owner of two SFH's with the other 1/2 being my father. I also personally hold about 110 Solana and 150 Avalanche (these are two types of cryptocurrencies). I know I know this isn't the place for crypto talk but it is part of my capital. I am pretty new (as is any person who is in their teens still) but I am super ambitious about my real estate dreams. I absolutely love this community and have been working through about a dozen books or so from Brandon Turner's books to Ken McElroy's books and I absolutely love them. Currently I am not cashflowing with the two properties because I am on a huge loan and I only have a small amount of equity in the properties. My dad isn't a real estate investor he is just a very wise business man and wants to help me achieve my dreams. I have told him how ambitious I am and he isn't for me taking on much more dept because it is all from him and his company who loaned my what I owe. I could go on and on but now you know a little about me and I feel like i can ask my question now. I have a very good agent. So good he might just be a rockstar. But I have told him that I am low on money right now and he has offered to help me with leveraging. I was wondering what all your thoughts were on that. Obviously this is a huge risk but I am working really hard to make my decisions as logical as possible keeping emotions as far away as I can. I love the idea to use leverage but I want to be extremely wise and methodical. What are your guy's opinions?

Also I must add that I didn't BRRRR with the two properties that I have because it would be extremely hard to get my dad on the same page as me but I will be doing that with any other properties that I have that are completely under my name.

Thank you all! you guys are awesome:)