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Updated over 5 years ago on . Most recent reply

Justin Reyes's profile image
Justin Reyes's profile image
Justin Reyes
  • Rental Property Investor
  • from Milwaukee, WI
  • Member since Aug 19, 2019
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Justin Reyes's profile image
Justin Reyes's profile image
Justin Reyes
  • Rental Property Investor
  • from Milwaukee, WI
  • Member since Aug 19, 2019
Connect
Justin Reyes
  • Rental Property Investor
  • Milwaukee, WI
62
Votes |
42
Posts
Rehabbing & House Flipping

I want to quit my job and want to BRRR houses. Bad idea?

Justin Reyes
  • Rental Property Investor
  • Milwaukee, WI
Posted

I make about $85k a year and have $30k saved up. I want to quit so bad. I live in Milwaukee, WI and see a lot of deals out there.

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Nolan M.'s profile image
Nolan M.'s profile image
Nolan M.
  • Rental Property Investor
  • from Mesa, AZ
  • Member since Mar 30, 2015
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143
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187
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Nolan M.'s profile image
Nolan M.'s profile image
Nolan M.
  • Rental Property Investor
  • from Mesa, AZ
  • Member since Mar 30, 2015
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Nolan M.
  • Rental Property Investor
  • Mesa, AZ
187
Votes |
143
Posts
Nolan M.
  • Rental Property Investor
  • Mesa, AZ
Replied

Slow down tiger! It's impossible to BRRR if you don't have any income to show the bank! Why would they lend money to an unemployed newbie? Keep the day job and don't jump off the pier till your ship comes in!

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