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Updated about 2 years ago on . Most recent reply

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43
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29
Votes
James Hamilton
29
Votes |
43
Posts

James from St Louis introduction

James Hamilton
Posted

Hi everyone, I introduced myself to BP last week but wanted to post in the new member forum as well. I'm James from Kentucky but live currently in the St Louis area after 11 years in the USAF. I have caught the real estate investing bug and have set my goal to obtain my first property by June 1st, 2023. My thinking at the moment is to buy and hold a few properties long-term, then work my way into the STR world and possibly BRRRR or flips once I get enough capital. I would like to start out in the St Louis area, but am not opposed to buying turn-key properties out-of-state if I can make it work. Just joined our local REIA here in St Louis and looking forward to the first meetup next Tuesday. Can't wait to start making connections and building a team of trusted colleagues to hopefully be done with my W-2 in three years! May be ambitious but i'm determined and motivated. Thanks to all of you for your knowledge and contributions to making this website an amazing REI tool.

Most Popular Reply

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177
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285
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Matthew McKee
  • Real Estate Coach
  • Boise, ID
285
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177
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Matthew McKee
  • Real Estate Coach
  • Boise, ID
Replied
Quote from @James Wilcox:
Quote from @James Hamilton:

Hi everyone, I introduced myself to BP last week but wanted to post in the new member forum as well. I'm James from Kentucky but live currently in the St Louis area after 11 years in the USAF. I have caught the real estate investing bug and have set my goal to obtain my first property by June 1st, 2023. My thinking at the moment is to buy and hold a few properties long-term, then work my way into the STR world and possibly BRRRR or flips once I get enough capital. I would like to start out in the St Louis area, but am not opposed to buying turn-key properties out-of-state if I can make it work. Just joined our local REIA here in St Louis and looking forward to the first meetup next Tuesday. Can't wait to start making connections and building a team of trusted colleagues to hopefully be done with my W-2 in three years! May be ambitious but i'm determined and motivated. Thanks to all of you for your knowledge and contributions to making this website an amazing REI tool.

Hi fellow James. My father was in the Air Force as well. With your military experience, consider joining the national guard. You might be able to take advantage of the VA loan program. It is the best available mortgage program anyone could ever hope for. You could be buying before your target date. GL with all your future REI ventures.
You don’t have to be currently enlisted in the military to use the VA. Honorable discharge, 6 years in national guard/reserves or 90 of active service will qualify you for a VA loan. Just need your DD-214

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