21 YO, wanting to start investing in rental properties
Hi all, I’m getting out of the military in 3 years and I have a 750+ credit score. I want to start investing in single family rentals. I live in Savannah Ga and I’m close to a few large colleges. Me and my wife want to start investing in homes that need a little work and rent them. We want to buy our first home and fix it up and live in it for 2 years and we’ll it and keep our capital gains and buy 2 more, 1 to live in and 1 to rent and keep repeating that. Is that a good plan? What have some things you ha r don’t to get started investing?
Most Popular Reply
@Austin Wise The househack with the VA loan is a fantastic strategy. I opted not to use my VA loan for my first property (and I should have). My second and third properties were purchased via turnkey in Milwaukee, Wisconsin and they have been good experiences.
Best of luck with your house hack and keep us updated!