Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago,

User Stats

16
Posts
2
Votes
Paul H.
  • Indianapolis, IN
2
Votes |
16
Posts

Have 230k-300K in equity, moving, what to do?

Paul H.
  • Indianapolis, IN
Posted

We  we are moving, from Indianapolis to Asheville.  

Where we are:

1. I have a good job that make 3-6k month. 

2. My wife has a business that makes 1.5-3k month.

3. 4 month old.

4. I know lots of people who would loan money, for a good deal.

5. ~$270K in total equity.

6. Must buy a house in Asheville this year.

Goals:

1. Financial freedom.  I would prefer to work only on my real estate investment.

2. Travel without limit.

3. Financial stability for my family.

What I'm thinking:

1. BRRR in Asheville for a multifalily, a la @Brandon Turner

a) Direct mail, I did it for a previous business and it worked well.

2. Standard mortgage duplexes in Indy

a) I have a lot of contacts there and plant to go back often.

b) The MLS has many $145-190k duplexes that rent for $900-1000 a side.

What do you guys think I should do?

Loading replies...