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Updated 7 months ago on . Most recent reply

User Stats

2
Posts
10
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Austin Damon
  • Investor
  • Columbus, OH
10
Votes |
2
Posts

Starting out in Ohio

Austin Damon
  • Investor
  • Columbus, OH
Posted

Hello all,

I have finished my third book and well into the forth on investing. Right now I am passively looking at properties, not yet ready to make any offers and polishing my deal evaluating skills. I am looking to start my journey anywhere from Cincinnati to Columbus, OH

My plan: I plan on purchasing a 3-4 unit property and house hacking one of those units for about 12-18 months. I am absolutely open to BRRRR this property, it does not have to be turnkey. I have access to the VA loan. Something that makes my situation a bit more difficult is that I have a job in Hawaii (6 hour time difference from EST. right now). The job in Hawaii terminates in December of 2024, so to meet the <60 day requirement for VA loans, I need to close around September-November. I plan on using the VA loan first, then within the 12-18 months move and acquire another property. Rinse and repeat. I am open to foreclosures. I have not yet built my team, but I am ready to get started.

- Pre-approved to $450,000 (knowing I am eligible for more)

-Saving $3000/month

-60K in reserves and for BRRRR'n

What I’m looking for: evaluation of my plan to get started, advice on particular neighborhoods to look at in my desired zone, people to network with and develop a relationship with.

If you’re ready to get connected, please let me know.

  • Austin Damon
  • Most Popular Reply

    User Stats

    184
    Posts
    365
    Votes
    Evan Hopple
    • Real Estate Agent
    • Columbus OH
    365
    Votes |
    184
    Posts
    Evan Hopple
    • Real Estate Agent
    • Columbus OH
    Replied

    @Austin Damon

    Columbus is a lot of fun! You'd have plenty of good options with your budget

    business profile image
    Reafco

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