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User Stats

6
Posts
5
Votes
Tylin Davis
5
Votes |
6
Posts

Looking to do my first BRRRR and looking for a partner

Tylin Davis
Posted

Hello, I am needing help with my first BRRRR

My plan is to rent out using Section 8. My goal is to eventually invest in commercial multifamily but just need to start. So far I have found a couple of deals that could be a great cashflow BRRRR.

Looking for an experience investor thats open to partner with me on my first one. 

User Stats

187
Posts
287
Votes
Kerlous Tadres
Pro Member
  • Realtor
  • Columbus, OH
287
Votes |
187
Posts
Kerlous Tadres
Pro Member
  • Realtor
  • Columbus, OH
Replied
Quote from @Tylin Davis:

Hello, I am needing help with my first BRRRR

My plan is to rent out using Section 8. My goal is to eventually invest in commercial multifamily but just need to start. So far I have found a couple of deals that could be a great cashflow BRRRR.

Looking for an experience investor thats open to partner with me on my first one. 


If you have not started with a house-hack first then you should definitely do that to get started in real estate investing! 

  • Kerlous Tadres
  • User Stats

    6
    Posts
    5
    Votes
    Tylin Davis
    5
    Votes |
    6
    Posts
    Tylin Davis
    Replied
    Quote from @Kerlous Tadres:
    Quote from @Tylin Davis:

    Hello, I am needing help with my first BRRRR

    My plan is to rent out using Section 8. My goal is to eventually invest in commercial multifamily but just need to start. So far I have found a couple of deals that could be a great cashflow BRRRR.

    Looking for an experience investor thats open to partner with me on my first one. 


    If you have not started with a house-hack first then you should definitely do that to get started in real estate investing! 

    Thank you, I currently have a mortgage so I don’t think that is a option unless its a work around.  

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    User Stats

    187
    Posts
    287
    Votes
    Kerlous Tadres
    Pro Member
    • Realtor
    • Columbus, OH
    287
    Votes |
    187
    Posts
    Kerlous Tadres
    Pro Member
    • Realtor
    • Columbus, OH
    Replied
    Quote from @Tylin Davis:
    Quote from @Kerlous Tadres:
    Quote from @Tylin Davis:

    Hello, I am needing help with my first BRRRR

    My plan is to rent out using Section 8. My goal is to eventually invest in commercial multifamily but just need to start. So far I have found a couple of deals that could be a great cashflow BRRRR.

    Looking for an experience investor thats open to partner with me on my first one. 


    If you have not started with a house-hack first then you should definitely do that to get started in real estate investing! 

    Thank you, I currently have a mortgage so I don’t think that is a option unless its a work around.  


    It can still be an option. Talk to a lender, but as long as you find something that's worth the same value as your current place or more you can make it happen!

  • Kerlous Tadres
  • User Stats

    6
    Posts
    5
    Votes
    Tylin Davis
    5
    Votes |
    6
    Posts
    Tylin Davis
    Replied
    Quote from @Kerlous Tadres:
    Quote from @Tylin Davis:
    Quote from @Kerlous Tadres:
    Quote from @Tylin Davis:

    Hello, I am needing help with my first BRRRR

    My plan is to rent out using Section 8. My goal is to eventually invest in commercial multifamily but just need to start. So far I have found a couple of deals that could be a great cashflow BRRRR.

    Looking for an experience investor thats open to partner with me on my first one. 


    If you have not started with a house-hack first then you should definitely do that to get started in real estate investing! 

    Thank you, I currently have a mortgage so I don’t think that is a option unless its a work around.  


    It can still be an option. Talk to a lender, but as long as you find something that's worth the same value as your current place or more you can make it happen!

    User Stats

    6
    Posts
    5
    Votes
    Tylin Davis
    5
    Votes |
    6
    Posts
    Tylin Davis
    Replied
    Quote from @Kerlous Tadres:
    Quote from @Tylin Davis:
    Quote from @Kerlous Tadres:
    Quote from @Tylin Davis:

    Hello, I am needing help with my first BRRRR

    My plan is to rent out using Section 8. My goal is to eventually invest in commercial multifamily but just need to start. So far I have found a couple of deals that could be a great cashflow BRRRR.

    Looking for an experience investor thats open to partner with me on my first one. 


    If you have not started with a house-hack first then you should definitely do that to get started in real estate investing! 

    Thank you, I currently have a mortgage so I don’t think that is a option unless its a work around.  


    It can still be an option. Talk to a lender, but as long as you find something that's worth the same value as your current place or more you can make it happen!

    Okay great, I will find some lenders that will do that. Thank you for the information. Looking forward to investing. 

    User Stats

    768
    Posts
    882
    Votes
    Alfath Ahmed
    Agent
    Pro Member
    • Real Estate Agent
    • Columbus, OH
    882
    Votes |
    768
    Posts
    Alfath Ahmed
    Agent
    Pro Member
    • Real Estate Agent
    • Columbus, OH
    Replied
    Quote from @Tylin Davis:

    Hello, I am needing help with my first BRRRR

    My plan is to rent out using Section 8. My goal is to eventually invest in commercial multifamily but just need to start. So far I have found a couple of deals that could be a great cashflow BRRRR.

    Looking for an experience investor thats open to partner with me on my first one. 


    Hi Tylin, doing BRRRR deals will definetely be the best way to build wealth. Dallas might be a tough market because it is hard to cashflow positively. I have found it easier to this in the midwest.

    User Stats

    6
    Posts
    5
    Votes
    Tylin Davis
    5
    Votes |
    6
    Posts
    Tylin Davis
    Replied
    Quote from @Alfath Ahmed:
    Quote from @Tylin Davis:

    Hello, I am needing help with my first BRRRR

    My plan is to rent out using Section 8. My goal is to eventually invest in commercial multifamily but just need to start. So far I have found a couple of deals that could be a great cashflow BRRRR.

    Looking for an experience investor thats open to partner with me on my first one. 


    Hi Tylin, doing BRRRR deals will definetely be the best way to build wealth. Dallas might be a tough market because it is hard to cashflow positively. I have found it easier to this in the midwest.

    Yes, I plan on BRRRR where I am from which is St Louis, MO. 

    User Stats

    554
    Posts
    251
    Votes
    Preston Dean
    Agent
    • Realtor
    • Fort Worth, TX
    251
    Votes |
    554
    Posts
    Preston Dean
    Agent
    • Realtor
    • Fort Worth, TX
    Replied
    Quote from @Tylin Davis:

    Hello, I am needing help with my first BRRRR

    My plan is to rent out using Section 8. My goal is to eventually invest in commercial multifamily but just need to start. So far I have found a couple of deals that could be a great cashflow BRRRR.

    Looking for an experience investor thats open to partner with me on my first one. 

     Hi @Tylin Davis

    I'm here in the Fort Worth area if you'd like any help or want to just chat. My wife and I have done a house hack and had it for a rental and recently sold it to avoid capital gains. 

    Best of luck to you!

    UNITED REAL ESTATE | DFW Logo

    User Stats

    4,056
    Posts
    2,155
    Votes
    Wale Lawal
    Agent
    • Real Estate Broker
    • Houston | Dallas | Austin, TX
    2,155
    Votes |
    4,056
    Posts
    Wale Lawal
    Agent
    • Real Estate Broker
    • Houston | Dallas | Austin, TX
    Replied

    @Tylin Davis

    To attract partners or investors for your first BRRRR and Section 8 deal, prepare a strong deal analysis, find a real estate partner, structure the partnership using equity split, debt partnership, or joint venture, secure financing, be transparent about your experience, leverage your long-term vision, and offer value to potential partners. By being prepared, persistent, and offering value, you'll increase your chances of finding someone willing to work with you.

    Good luck!

    User Stats

    6
    Posts
    5
    Votes
    Tylin Davis
    5
    Votes |
    6
    Posts
    Tylin Davis
    Replied
    Quote from @Wale Lawal:

    @Tylin Davis

    To attract partners or investors for your first BRRRR and Section 8 deal, prepare a strong deal analysis, find a real estate partner, structure the partnership using equity split, debt partnership, or joint venture, secure financing, be transparent about your experience, leverage your long-term vision, and offer value to potential partners. By being prepared, persistent, and offering value, you'll increase your chances of finding someone willing to work with you.

    Good luck!


     Thank you for the information. Look forward to the future.

    User Stats

    1,078
    Posts
    320
    Votes
    Replied

    @Tylin Davis

    Welcome to Bigger Pockets ! You have come to the right place to begin your investing journey.
    Have you looked into attending local meetings and joining Facebook groups?