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Updated about 6 years ago,
How should I move forward?
Good afternoon everyone! Just wanting to ask how should I get started, I'm 22 currently a student and I have around $50k saved up. I'm interested in doing student rental properties. I found a great location to start, but not sure what to do next. I'm also part time military (Air National Guard) and will see this weekend if I'm eligible for a VA home loan so no down payment is required on my first home purchase. Which route should I take in order to get the house? How do I go on about making an offer etc...?
The house I'm currently looking it as is around $137k for a 5 bedroom/2bathroom. It's a 2 min drive from the university and rents are going for around $2,500-$3,000 a month. Tenant pays all utilities so the expenses are very low. Any advice/insight would be greatly appreciated, thank you.