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Getting my Third Property? I’m stuck
I want to buy my next investment. Looking for advice on way forward. Here is the skinny:
- I have one rental property (VA loan)
- took out a Heloc to buy my second property
- I live in the second property (VA loan also)
- I've used up my VA loan limit
- I have $50k saved for a down payment
- I live in Las Vegas and don’t mind investing out of state
- Best advice for third property? 25% down conventional out of state? Move out to a primary residence on a third property?
- goal is not to sell the current two - they cash flow well
Thanks!