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Updated 7 months ago,
Looking to Complete my first Deal
Hello all. I am new to Real Estate and plan to use the BRRRR strategy to purchase my first property. I have been on the MLS researching different properties that can become my first deal but I have not made any offers. I have set myself up with an agent automotive and I use the properties' prices to get familiar with the BP calculators. There have been a few properties that stand out to me but I cloud my mind with many questions. A few of those questions are:
~ Should I use the VA loan or the FHA 203k loan to fund the property?
~ Are contractors covered in the loan?
I am seeking any knowledge and guidance that can help me close my first deal. Thank you.