Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 3 months ago, 10/03/2024

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

217
Posts
335
Votes
Kerlous Tadres
Agent
Pro Member
  • Realtor
  • Columbus, OH
335
Votes |
217
Posts
Kerlous Tadres
Agent
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.  

BiggerPockets logo
Join Our Private Community for Passive Investors
|
BiggerPockets
Get first-hand insights and real sponsor reviews from other investors

User Stats

217
Posts
335
Votes
Kerlous Tadres
Agent
Pro Member
  • Realtor
  • Columbus, OH
335
Votes |
217
Posts
Kerlous Tadres
Agent
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

809
Posts
923
Votes
Alfath Ahmed
Agent
Pro Member
  • Real Estate Agent
  • Columbus, OH
923
Votes |
809
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

610
Posts
279
Votes
Preston Dean
Agent
  • Realtor
  • Fort Worth, TX
279
Votes |
610
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!

business profile image
UNITED REAL ESTATE | DFW
5.0 stars
55 Reviews

User Stats

4,217
Posts
2,247
Votes
Wale Lawal
Agent
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
2,247
Votes |
4,217
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

1,137
Posts
342
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?