New Imvestor in Des Moines

[David Verbockel]

I am new to real estate investing and would like to gain some tips before I get into it. I moved from Milwaukee about 3 years ago and have now got a feel for the Des Moines area.

I bought a house in 2019 and now have a good amount of equity in the house. I would prefer to keep the Equity in the house if possible. I have some money saved up but probably not enough for 20% down on a house over $200,000. I’m wondering if anyone has some good ideas on how to get a rental with less that 20% down.

I am a civil engineer and have a good amount of experience fixing up homes where I can do enough of the basic things to remodel. I would be open to getting a fixer upper and using the BRRRR method.

Let me know any suggestions you might by have.