Should I BRRR or 20% down

[Bryan Lowman]

Need some guidance please. Recently sold a home and have cash available to make another purchase. I have roughly 150k to invest in my next property and am having trouble finding one in my price range to be able to BRRR. Should I hold out until I find one or would it make more sense with the way the market is to go ahead and do one or two 15-20% down conventional loans to get the ball rolling? Ultimate goal is town own single and multifamily homes for the long term.

Thanks for the help!

Bryan

[Bryan Lowman]

Jaron thanks for the reply. I really want to do the BRRR method but have been having trouble finding deals in my price range which is what has been making me reconsider my approach. I will just keep my nose to the grind wheel and storing cash until I can find something in my range. Just hard to sit sometimes and wait.

I have been trying to find some wholesale deals with no success as well.  If anyone knows of anyone in the - Staunton - Harrisonburg - Charlottesville Virginia  are that can point me in the right direction please let me know.   

Thanks for all of the help.

Bryan