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Updated almost 10 years ago on . Most recent reply

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13
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Jahmar Childs
  • Clinton, UT
0
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13
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Advice??

Jahmar Childs
  • Clinton, UT
Posted

So I recently purchased a "home" in Illinois, for me and my family with the VA loan, and I am renting it out until I finish my service which is 1 1/2 years in Salt Lake City, UT. By the end of the year I would like to have either my first flip, or my second buy and hold property under my belt. I have to advise, i do not have funds to support this but I will continue to gather and try anything within reason as necessary. I am just starting out I might add, but I am looking for any advice that would help me. any suggestions?

Thank You BP

Most Popular Reply

User Stats

398
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120
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Jesse Waters
  • Investor
  • Aiken, SC
120
Votes |
398
Posts
Jesse Waters
  • Investor
  • Aiken, SC
Replied

Since you are moving around, you might want to look into house hacking with a tri or quad plex out in Salt Lake. You should be able to get good terms and a low down payment, even if you have to pay some PMI.

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