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Updated about 9 years ago on . Most recent reply
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Photographer/Designer from Michigan
Hello! I'm Jonthan from Grand Rapids, MI. I've been a photographer for the past 12 years and I'm looking to change paths and move into investing in real estate. I've always had a passion for design and want to use that passion in this new chapter in my life.
I currently own one home and trying to decide what's the best use of the equity I have in it to purchase other properties. That's why I'm here. :) Looking forward to learning more and networking with others.
Jonathan
Most Popular Reply
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@Jonathan Thrasher Half the battle in real estate investing and flipping is to be able to visualize the finished product. I think you will have a huge advantage here with your background.
There are a lot of opportunities in Grand Rapids. When I started, I refinancing my primary home and used the money to purchase a few rental units. The great thing about this is you can borrow money on your current home at a better rate than banks will loan it to you on an investment property. Sometimes this will save you up to 2%.
I would love to connect with you if you want to discuss the market and what you can expect in your first rental.