Hey BP family I'm new to the community and real estate and was wondering how you would invest if you were me.
I'm 25 years old and I already have all emergency expenses accounted for. I have 60k to invest in real estate. I also own all of my vehicles so I have no car payments and low insurance. My rent is only 600 a month with utilities because I have roommates. I have a Roth 401k and pension. I also have 0 debt!
I only gross about 50k a year. My credit score is low about a 600 but I know I will be able to bring that score up now because of this new cash. I basically want the best way to flip this 60k into 100k or more through real estate. I'm willing to be patient so if that means owner occupying through a FHA or FHA 203k then flipping I'm fine with that. I'm not interested in house hacking at this time. I'd prefer to go with a shell and flip, the FHA route or the Brrrr method. Looking forward to what you guys think thanks.
