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Updated about 7 years ago on . Most recent reply
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first investment advice va loan
Hey bigger pockets you guys are awesome.
So we're I am deals are hard to come buy.
fortunately I have a va loan and will be doing the old multifamily live in for my first.
with this being said I have no landlord experianc e
So for this first property if I can't fond one were the numbers are amazing but I can find something that is at least ok and not atrocious should I just move on it just for the sake of experianc e and just getting started or should I really just wait for a good deal and keep looking for a prime deal.
eather way I will be well off just jumping in and say getting retail price would alleviate rent or morgage from me but I probably wont have cashflow and have to come out of pocket for repairs and capital items. but I would be able to save faster for my next deal.
on the other hand if I keep looking till I find somthing worth while I could potentially have those cap items covered instead of just my morgage
What should I do?
should I keep looking or just dive In?
I do have a very very large nest that I have invested into stocks and such so I can handle some repairs and surprise evictions and such