Rookie in Hampton Roads, VA

[Reynaldo Ramirez]

Hello! I have to say I am obsessed with the idea of building wealth through real estate. I am working on learning how to get my first BRRRR property, but looking for the area to invest in, where the numbers make sense.

I am going to start with a HELOC from my primary but that will yield about $60k for down payment and rehab, so it feels tight.

The goal is to have 35 properties in the next 30 years yielding an average of $300 cash flow. That way I have retirement income and equity, AND my wife and I want to have something to leave to our kids.

Still I’m the learning and research phase, but will be shopping HELOCS and lenders very soon.

I am loving reading all the post, blogs, and books.