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Updated over 6 years ago on . Most recent reply

User Stats

38
Posts
33
Votes
Kaci Hunter
  • Lender
  • Comfort, TX
33
Votes |
38
Posts

Need advice on how to get started

Kaci Hunter
  • Lender
  • Comfort, TX
Posted

Hello,

I currently have an LLC set up and my parents have loaned me money to get started in real estate investing here in Texas. Unfortunately, my credit is not the best due to high credit card debt, which I'm slowly paying down. My short-term goals in real estate is to make cash to pay off debt and to continue investing in real estate. I'm a teacher and I work as a group fitness instructor so I don't have a ton of free time.

Where would you start? Should I try the BRRR method? Is that even an option with bad credit? Should I flip houses? Wholesaling seems time consuming and I really know nothing about that. Experienced investors please advise.

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