Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago, 10/16/2019
Suggestions on Next steps for REI
I currently live in Alexandria, VA in a 2 bd 2 bt condo. I'm looking to kick start REI but unsure on the direction I should go. I currently have ~$13k in condo equity. I am a military veteran so I know I have the VA loan to my benefit. With that comes the caveat of living in the next residency I purchase for at least a year. Originally I thought about upgrading to a townhome but financially I can't afford it with the steep HOA fees associated with many. I've considered the BRRRR approach but am hesitant since I do not have much money to play with when it comes to renovations. Any suggestions or recommendations on the direction I should take would be greatly appreciated!
Thank you!
Justin