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Updated over 5 years ago on . Most recent reply
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Brand new, student and credit debt but ready to start!
I'm 28 and just starting out in REI. I am a performer on Broadway for a living, but in the performing industry it's difficult to know when your next gig is going to be. My fiancée and I are paycheck-to-paycheck with our 10 month old son and we're fed up with it. Or at least I am.
I want to get started and am especially interested in the BRRRR method and flipping, but with my finances the way they are right now, I don't think it's possible to go it alone in such an expensive market. I do have a great credit score, but I'm managing debt right now.
That said, does anyone have advice on either going it alone OR using private/hard money in an expensive market? I’d like to keep it in my backyard to start. I live in Astoria, Queens, so I’m looking at NYC, but mostly the boroughs.
Any advice, leads, guidance is greatly appreciated.
Most Popular Reply
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@Adekunle Ilori
Yes, I've heard of wholesaling! Something that I'm definitely interested in doing, but lack the know-how. Any suggestions on where to read up on this? Also, once I do get started, I'm looking to do the BRRRR method as well as flipping. Thanks for the reply!