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Updated over 2 years ago on . Most recent reply

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Spencer Gregory
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Spencer Gregory
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Spencer Gregory
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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Getting into real estate

Spencer Gregory
Posted

Hello I'm new to biggerpockets and was looking for advice on the best way to get into real estate based on my situation because I'm 21 and work 80 plus hours a week of construction and I don't mind it but investing and building wealth to finical freedom seems more appealing, so I was wondering how I should go about it like getting into LTR or STR

Saint Louis, Missouri
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Spencer Gregory
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Spencer Gregory
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Spencer Gregory
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Quote from @Caleb Brown:

I would do a live in flip. Get a conventional loan for 5% down. Since you are in construction you can rehab the place and flip. Do this a couple times and then you can roll the funds into more deals 

Alright thank you for the advice! So you’re saying do flipping and not renting?
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