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Updated over 5 years ago on . Most recent reply

User Stats

31
Posts
14
Votes
Travis Ward-Osborne
  • Rental Property Investor
  • Astoria, NY
14
Votes |
31
Posts

Brand new, student and credit debt but ready to start!

Travis Ward-Osborne
  • Rental Property Investor
  • Astoria, NY
Posted

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

User Stats

31
Posts
14
Votes
Travis Ward-Osborne
  • Rental Property Investor
  • Astoria, NY
14
Votes |
31
Posts
Travis Ward-Osborne
  • Rental Property Investor
  • Astoria, NY
Replied

@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!

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