BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago on . Most recent reply
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New Investor Looking to Live and Flip BRRR my FHA Loan
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Yo what's up BiggerPockets?! I am a 24 year old new investor working at real estate firm here in Nashville. This is my plan for the next 6 years on my quest for 1 million dollars in equity by the time I'm 30 (dream big, right?). I'd love to hear your feedback on my plan and any advice you can offer on live and flips! I'm also looking to get plugged in with local investors, so if you know of any meet ups that welcome newbies please comment.
If this were your plan, what neighborhoods/ areas would you be looking in?
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Austin, it is great to see someone with a plan especially someone sub 30. I am just south of you in the Coffee County and surrounding area of TN. I believe the goal is great and totally doable.
I do have many questions for thought...
Are you planning on living in Nashville or how far away? How are you sourcing the first deal? Are you thinking you will reach 1million in equity on 3 properties or is that an outline of the start?
It would be awesome to connect.