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Updated 24 days ago on . Most recent reply

User Stats

30
Posts
15
Votes
Jennifer Katherine De Loughy
  • Real Estate Agent
  • East Brunswick, NJ
15
Votes |
30
Posts

Central NJ BRRRR Newbie - Looking for Mentor

Jennifer Katherine De Loughy
  • Real Estate Agent
  • East Brunswick, NJ
Posted

Hey, guys

So I am terrified to get started. Everywhere I look, properties aren't low enough for BRRRR to be worth it and I'm looking at taking a loss. Can anyone help me get started? I'm looking for a mentor.

Thanks,

Jenn

Most Popular Reply

User Stats

30
Posts
15
Votes
Jennifer Katherine De Loughy
  • Real Estate Agent
  • East Brunswick, NJ
15
Votes |
30
Posts
Jennifer Katherine De Loughy
  • Real Estate Agent
  • East Brunswick, NJ
Replied
Quote from @Jaycee Greene:
Quote from @Jennifer Katherine De Loughy:

Hey, guys

So I am terrified to get started. Everywhere I look, properties aren't low enough for BRRRR to be worth it and I'm looking at taking a loss. Can anyone help me get started? I'm looking for a mentor.

Thanks,

Jenn

Hi @Jennifer Katherine De Loughy. What type of properties are you looking to BRRR? SF, 2-4 MF, or 5+ MF? And what is your price point and how much rehab are you comfortable with, cosmetic, medium, or heavy/gut?

Hi, Jaycee

I'm looking at SFR and 2 - 4 MF. Price point maybe up to $300k. Rehab I'm comfortable with cosmetic to medium since I'm just starting out.

Thanks!

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