Flip, BRRR, or other?? Need Opinions for a Newbie

[Melanie Heiges]

Hello all!

We are new investors looking to start our real estate journey in the next year or so. We will only be starting with about 20k-30k and we had originally planned to start flipping houses to build capital quickly, then build our rental portfolio to create stable passive income, and then build other tiers. 

However. 

I am now thinking, after hearing a few podcasts, that maybe flipping isn’t the best option for fresh investors who both have full time jobs. What would be another great way to build capital quickly, with only 20-30k to start with? 

Or will it be a slow and steady pace, and best if we start with BRRR deals?

Or am I missing any other possible paths?

Thanks in advance!

[Brian Garrett]

BRRRR deals are essentially still flips you just rent them out instead of selling them.

So if you think flipping may be too intensive starting out then BRRRR won't work either.