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Updated almost 4 years ago,
New Investor in Utah County
Hi there! I am new to BP and excited to be here! I did my first small live-in flip in 2019; I live in the top and now rent out the basement. My husband and I are hoping to buy another property this summer in Provo. We'd like it to be another live-in flip, ideally buy a single unit and put in another unit. We don't have much cash so we're looking into loans for the rehab. We use a VA loan for purchasing so it's $0 down, $0 mortgage insurance. Though one thing is that hardly any principle gets paid down initially. Any advice for us in getting our second property? Thank you!