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Updated almost 9 years ago on . Most recent reply

User Stats

35
Posts
6
Votes
Jamison Haussman
  • Investor
  • Honolulu, HI
6
Votes |
35
Posts

New investor in Oklahoma, living overseas.

Jamison Haussman
  • Investor
  • Honolulu, HI
Posted

Hello, I'm brand new to bigger pockets and currently living in Hawaii, but moving overseas in a few short weeks.

I'm a disabled veteran, and with my Navy severance from this I was able to purchase my mother a house in Oklahoma City (FHA), however she's only paying part of the mortgage of course so it isn't an investment, just a place for her to live and hopefully we can build some equity.

I have some of this cash left over and would love to get into RE in hopes of some side income, but I'm brand new to this subject.

To further complicate this I'm planning to move overseas in about a month. I have cash I can put down on a property, as well as my VA home loan guarantee (I understand I could buy a 4-plex or apartment building as long as I occupy within 90 days) that I can use to secure a place.

About halfway through my first few books as well as the beginners guide here, any help is greatly appreciated!

Most Popular Reply

User Stats

35
Posts
6
Votes
Jamison Haussman
  • Investor
  • Honolulu, HI
6
Votes |
35
Posts
Jamison Haussman
  • Investor
  • Honolulu, HI
Replied

Hi @Jeff Graves thanks for the reply and the welcome. I was thinking I'd be getting a place closer to her house in Oklahoma, just to keep everything in one area (I have uncles there who could deal with the management), as well as not really wanting to deal with a constant rotation of renters here on island, but nothing is really out of the question as I learn more about the process I'm sure.

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