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Updated over 5 years ago,

User Stats

12
Posts
3
Votes
Christopher Wasowicz
  • Rental Property Investor
  • Chicago, IL
3
Votes |
12
Posts

What would you do? (Starting out)

Christopher Wasowicz
  • Rental Property Investor
  • Chicago, IL
Posted

Here’s the scenario:

Image you are a complete beginner.

You have $40,000 cash

Another $14,000 in a savings account

And can draw on approx. $50,000 HELOC in your primary residence.

Assuming your goal is to BRRRR, how would you best use these resources to start? What would you hold in reserve? Would you try get more of other people's money?

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