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Updated over 5 years ago,
FLIP? BRRR? with hard Money
Hey everyone,
I am a new "investor," and for my first deal I would like to either buy a duplex, or flip a house. A little about me... I am a business owner < 2 years, I am in the National Guard, and I just became a relator as well. I have roughly 40,000 in debt.. I am located in Richmond, VA. I would like to start investing in Lynchburg, VA as there are two colleges there. Does anyone have any tips and/or advice for getting started? I would like to use hard money but would I have to bring a lot of money to the table as well? Essentially, I am trying to get started with low money down to either produce a cash flowing property. OR to flip a house to use on my next deal.
Any advice is appreciated!
Thanks,
Jordan