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Updated almost 9 years ago,

User Stats

6
Posts
1
Votes
Timothy Drake
  • Independence, MO
1
Votes |
6
Posts

Wanting to Build a empire..

Timothy Drake
  • Independence, MO
Posted

Hello, I am new to BP. I am so glad I stumble across this community. 

My goals is to start investing in Buy and Holds. I don't have a lot of cash but I do have 20k to start out. My Biggest question is how do I turn 20k in to a successful business. I know real estate is not a over night cash flow Business but iwould love to grow it as fast as I can. I was reading about the BRRR That seems interesting, It sounds like it might be hard to find banks to refi so quickly. I am in Kansas City Mo, So there is a lot of small Community Banks I can check out, Has anyone have a great success story using BRRR. Is my goal of 8 Houses in 12 months to high?

These are just some of my thoughts.

Thanks In advance. I am Glad to be a part of the BP community!

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