Hi everyone, my husband and I finished reading "Rich Dad Poor Dad" last month, and since then we have been watching youtube videos/listening to podcasts every day about investing. I also signed up for an online Robert Kiyosaki class, and am educating through that, and am currently reading "BRRRR". My husband and I have found a CPA, and started an LLC. I think my next steps would be to get an EIN for the LLC, get pre-qualified for both a traditional loan or possibly HELOC on our primary residence, and find my 4 pilars (agent, lender, PM....we currently are redoing our bathroom and have a wonderful contractor that has already offered to help, so hopefully already have contractor). I also plan to keep looking at/analyzing properties to get more practice. We have about 50K cash saved up, and 150K equity in our current residence. We hope to start investing this year with at least 1 property. I like the BRRR method because it seems to allow us the ability to invest quicker with the same amount of capital. I am wondering if this is realistic to even consider, or do we need to save up more money first.
I'm so grateful for the BP community of such knowledgeable and helpful people. Any advice is welcome. Like I said I'm a super newbie, so thank you for any help.
