Best option for getting started

[Dan Pisauro]

So I’ve been doing a lot of studying and I think we’re finally ready to enter the real estate game. I’m looking for a little advice on how to enter.

I have a family member that helped us get into our current home by purchasing for cash and then we have a private mortgage with them. We’ve spent the last few years paying off all debt which hasn’t left a ton in savings.

I believe that family member would be interested in investing with us but I want to be very careful about not abusing that relationship. I’d rather have a property or two under our belts as a proof of concept before getting family involved.

I also have a VA loan available.

To summarize, not a lot of cash for down payment. So VA loan, FHA, or suck it up and go with the family investor? We're mostly interested in rent & hold to get started.

Any advice would be appreciated.