Where did you start from? How did you finance your first deal?

[Trent Thompson]

I sold my first house, a mobile home this week. I got 5k in profit. Not a lot I know but possibly a down payment on a new one.

I moved to the detroit area where I'm looking to start BRRRRing. Houses I see are typically 15k to 80k depending on the neighborhood. I'm looking in good neighborhoods or up and coming neighborhoods at least. My question is how do I enter? I have remodeling know how and I'm experienced in budgets since I'm in property management for a living right now. But I dont know the best way to jump in. Is 203K FHA a safe first loan? I'm ready to jump in. Just need to be pointed in the right direction