$60k in Cash Looking to Invest

[Ali MirRasekhian]

Hello all,

I've been saving my commission checks from my W2 job and have been able to save up about $60k. I've been analyzing properties in Memphis around $100k with an ARV in the $135-$150k range. Initially I was looking to BRRRR some of these properties but with current rates for hard money and the refi any cashflow is gone, even with leaving more money in the deal.

Would love to get any thoughts or recommendations from the community.

I've been analyzing properties for a while and am ready to get in the game so always happy to connect with anyone in the mid-TN area.

Thanks