What to do next, any advice?

[Jae Cunningham]

I just purchased my first home using my VA loan option. I plan on living in this home for a year before refinancing it and purchasing another home. I also have a mobile home for rent (that belonged to my fiancé at the time) Now I'm stuck on what to do next.... I hear about these guys doing 3 deals a year and I'm lost as to how they go about getting the funding for such an endeavor. After buying this first house I'm so exhausted and financially drained. My hat goes off to any and all folks that are already on their third deal of the year. Any advice to a newbie on what direction to head to next?

[Adam Sanders]

The people you hear about doing 3 deals a year probably didn't start off that way or are not doing 3 buy-and-holds right off the bat. There are a few options you can look into next:

1. Wait and save up enough cash to get into your next property
2. Look into other areas of real estate that would allow you to generate additional income while getting more experience (bird dogging, wholesaling, lead generation, etc.). You can find out a lot about those opportunities on this site.
3. Find someone with money to partner with. You do the work finding the deals and putting them together and they provide the money to make it happen.

Get creative. There are a lot of ways to be involved and make extra money if you work hard and meet a lot of people.