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All Forum Posts by: Tyron Betton

Tyron Betton has started 3 posts and replied 6 times.

Post: Finding an investment property

Tyron BettonPosted
  • Rental Property Investor
  • East Longmeadow, MA
  • Posts 6
  • Votes 1

I'm looking for an investment property and at the moment I've been using Zillow. Majority of the rehabs are newly renovated and range from $120-$220K. I know the point of BRRR is to find properties at discount rates, but is a bad idea to start with a property high in value with some potential for appreciation?

Need some advice thanks!

Post: Entering real estate through house hacking duplex

Tyron BettonPosted
  • Rental Property Investor
  • East Longmeadow, MA
  • Posts 6
  • Votes 1

@Zachary Olley

You seem to have it way more figured out than I do. I’ll follow back. I haven’t done much reaching out yet, I’m still in the learning process and don’t want to make any mistakes yet

Post: Entering real estate through house hacking duplex

Tyron BettonPosted
  • Rental Property Investor
  • East Longmeadow, MA
  • Posts 6
  • Votes 1

@Andres A.

Will do! Thank you!

Post: Entering real estate through house hacking duplex

Tyron BettonPosted
  • Rental Property Investor
  • East Longmeadow, MA
  • Posts 6
  • Votes 1

@Abel Curiel

Hi Abel,

Thank you for the feedback! Would you recommend a lender over a traditional bank for purchasing my first home? This will also be the first home I live in and all My income is from two full time jobs

Post: Entering real estate through house hacking duplex

Tyron BettonPosted
  • Rental Property Investor
  • East Longmeadow, MA
  • Posts 6
  • Votes 1

I'm looking to get my foot in the door of real estate investing. My plan is to purchase a duplex or 2- family home with a FHA loan using 3.5% down and renting out one side and moving out after a year. After I move out i plan to purchase another duplex, using the BRRR method, live in the property for a year then move into a home of my own. From there I plan on financing fix and flip projects thru the BRRR method and using those profits to purchase single family homes and duplexes. I'd like ANY feedback from ANYONE who has taken this route, was using a lender a better option? Were you not approved for certain reasons? Some problems you might've faced with BRRRR method? ANY FEEDBACK is appreciated!

Post: Is it possible to Wholesale a lot?

Tyron BettonPosted
  • Rental Property Investor
  • East Longmeadow, MA
  • Posts 6
  • Votes 1

While driving from work I passed by a lot with a run down farage on it that had a sign that read “lot for sale by owner”. Should I seek interest in this lot or is it different because it’s a “lot”? I’m a new investor hungry for his first deal so I’ll take anything haha