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All Forum Posts by: Brandy Bruce

Brandy Bruce has started 1 posts and replied 9 times.

@Jim Bray

Thank you for posting this, I too am in the same boat, working in TV/Film having limited reserves. Following this discussion for more information.

Post: I have $20,000 in hard cash, advice on next steps?

Brandy BrucePosted
  • New to Real Estate
  • DMV
  • Posts 9
  • Votes 3

@Kevin Leahy that sounds like a good option as well. Thank you for your feedback.

Post: I have $20,000 in hard cash, advice on next steps?

Brandy BrucePosted
  • New to Real Estate
  • DMV
  • Posts 9
  • Votes 3

@Marian Huish understandable, yes I work in the DC area.

Post: I have $20,000 in hard cash, advice on next steps?

Brandy BrucePosted
  • New to Real Estate
  • DMV
  • Posts 9
  • Votes 3

@Dakota Adney Thank you! I will continue researching options in Tulsa.

Post: I have $20,000 in hard cash, advice on next steps?

Brandy BrucePosted
  • New to Real Estate
  • DMV
  • Posts 9
  • Votes 3

Congratulations @Diana Jing on closing your properties, I hope to be there soon. I am looking to the Tulsa, OK market.

Post: I have $20,000 in hard cash, advice on next steps?

Brandy BrucePosted
  • New to Real Estate
  • DMV
  • Posts 9
  • Votes 3

Thank you @Marian Huish this is good to know. But wouldn’t the $20K I have suffice for a 3-5% down on something that is $300K or lower? What are your suggestions on how to get involved in the DC market in regards to house hacking (i.e. 2-4 plex, owner occupied units, etc.)?

Post: I have $20,000 in hard cash, advice on next steps?

Brandy BrucePosted
  • New to Real Estate
  • DMV
  • Posts 9
  • Votes 3

@Jan Kerr Thank you I will look into the three options you mentioned. If I have any further questions I will definitely reach out. This was helpful.

Post: I have $20,000 in hard cash, advice on next steps?

Brandy BrucePosted
  • New to Real Estate
  • DMV
  • Posts 9
  • Votes 3

@Chris Mason Thank you for your feedback. Are you saying to by a primary residence to live in and house hack that way?

If my terminology is off it’s because I am new to Real Estate.

Post: I have $20,000 in hard cash, advice on next steps?

Brandy BrucePosted
  • New to Real Estate
  • DMV
  • Posts 9
  • Votes 3

I am a newbie in the RE market looking to continue my journey however I don’t know where to start. I’ve managed to save $20,000 but getting a loan from the bank might not work in my favor being that I work as a freelance contractor without a consistent record of work history. However from my research here are a few things I think would be a good start:

1.) I like the idea of house hacking

2.) wholesaling is also an option

Looking for advice on how to move forward and what the best options are.

Two markets I would like to invest in are Tulsa, OK and Washington, DC.