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Updated over 6 years ago on . Most recent reply

User Stats

18
Posts
1
Votes
Greg Van Brunt
  • Investor
  • Shawnee, OK
1
Votes |
18
Posts

Question for recently successful newbies

Greg Van Brunt
  • Investor
  • Shawnee, OK
Posted

I've been following BP for around a year or more. I've listened to lots of podcasts, BP and others. I'm reading books. I've looked at numerous houses. But the ones in my price range, (limited cash for down payments etc) are pretty bad off. Not just cosmetics, but foundations and old wiring etc. Am I doomed to start with one of these? The ones that are in better shape are out of my price range. For traditional mortgage I need at least 20% down. I've been told I cant uds my VA for a rental purchase. I'm getting frustrated. Is this just growing pains I have to fight through or do I just keep saving money until I have the down payment? I dont want to get in more debt to start a life of passive income. Thanks for your input

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