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Updated over 5 years ago on . Most recent reply
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New Investor Trying To Start
So investing in real estate is something I’ve always wanted to do, and I’m deciding to pull the trigger because I keep saying I’ll do this eventually and always get cold feet.
I’m in the military and currently deployed so I don’t think there’s much I can do here besides study and gain more knowledge (which I do). I’m stationed in NC and I’ve recently discovered the rent to own strategy or lease option agreement.
My question is, is this a viable option for someone starting out? Has anyone does this, and if so how did it work out for you?
Most Popular Reply
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@Andy Danna Has a very good point with the VA loan. This can be the most difficult thing when using a VA Loan. Without a 2 year landlord history, you have to qualify for the loan on your own, without any rental income, even when purchasing a fourplex.
- Jerry Padilla
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- 585-204-6923
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