Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 about 6 years ago on . Most recent reply

User Stats

13
Posts
4
Votes
Janine Kelbach
  • Rental Property Investor
  • Willoughby, OH
4
Votes |
13
Posts

Fastest Least Aggressive Way to Financial Freedom

Janine Kelbach
  • Rental Property Investor
  • Willoughby, OH
Posted

This might sound a little crazy, but I've found so much value in these forums that I am going to ask anyway.

My husband and I are using the HELOC method for our first property. We would like to grow the business with active (flips) and passive (rental) properties, but we are a little apprehensive to start.

We have established our contractor, agent, and my husbands knows a lot of clients who flip, do commerical, run property management companies and whatnot. 

I would love to utilize the BRRRR strategy, but with rising interest rates, it's makes me nervous.

Our goal? For my husband to be able to quit his job (as a bank manager) to start this venture towards leaving a financial legacy for our two sons. 

If it matters, we are in our mid 30s and our kids are 14 and 6.

So, for those who are our thought leaders in this profession, what's the best plan to achieve our goal?

Janine

Loading replies...