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Updated over 2 years ago,
CURRENTLY DEPLOYED | LOOKING TO START INVESTING IN MY LOCAL AREA
Hello, I am new to BiggerPokets! I am currently deployed and am looking to get started on my family's real estate business when I get home. Me and my wife currently own a home (VA LOAN). I am currently working to be debt free (not including Mortgage) in a few months. I am also growing capital (goal 25-30K) while I am away. I continue to prepare daily (reading books on real estate & doing research) on my local Market. We would like to buy our first investment property locally to learn the ins and outs of Property management before looking into Management companies in the future. I am also interested in using VA/FHA loan to purchase another home for us and use our current home to start our real estate portfolio. The property would provide $400-500 cash flow with our current rental prices in the area. The other option is to start with another property and looking for a good deal. I have a realtor (experienced investor) on my team and I am looking to grow over time.
Any thoughts or recommendations? I am also looking to start networking with experienced professionals while I am away.