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Updated about 6 hours ago,

User Stats

7
Posts
4
Votes
Augusta Owens
Pro Member
  • New to Real Estate
  • Dallas, TX
4
Votes |
7
Posts

Guidance for next steps after first steps.

Augusta Owens
Pro Member
  • New to Real Estate
  • Dallas, TX
Posted

I'm currently working with a realtor who himself is a real estate investor. He's helping me to narrow down a potential multi-family property that I will be house hacking, (the deadline I have given myself to be in it is May). I'm a 100% disabled veteran and will be leveraging this status and the VA loan to obtain this property with no money down. This part is a foregone conclusion for me, but what I am still working out is next steps. I want to purchase my second property within 4-6 months of moving into my multifamily house hack, but looking for a guidance on the strategy to do so. My ultimate goal is not using my savings during this process, because I want to train myself from the onset to think creatively and not deplete my reserves instead of finding a better deal or more productive relationship. I'm sure I'm no different in some respects than many other newbies, I just want some ideas on the process of creative financing or maybe how to partner with someone else. I don't have a lot of experience, but I do have the ability to exchange my time, so that could be a form a currency that benefits them.

Any and all feedback is greatly appreciated.

  • Augusta Owens