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Updated about 5 years ago on . Most recent reply

Graham Houston's profile image
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Graham Houston
  • from Lookout Mountain, TN
  • Member since Dec 29, 2019
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Graham Houston
  • from Lookout Mountain, TN
  • Member since Dec 29, 2019
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Graham Houston
  • Lookout Mountain, TN
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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Starting out Chattanooga

Graham Houston
  • Lookout Mountain, TN
Posted

I'm 34 and am looking to start working towards long term real estate investments for my future. I'm wanting to buy and rent, I can't house hack bc me and my family currently own and it wouldn't make sense to uproot for a year. I have cash saved up but also have 48k in a heloc that's available for me as well. Would it make since to leverage the HELOC or my savings to get started? For a first timer, how much should I spend on a house to rent?What's the best way to start out? Any advice would be extremely helpful, this site is great!

Thanks in advance,

Graham

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Jeffrey Holst
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  • from Chattanooga, TN
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https://www.facebook.com/groups/REIMeetupChattanooga/

welcome to Chattanooga

  • Jeffrey Holst
  • Podcast Guest on Show #521
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