Super brand new to REI based in San Diego!

[Patrick Senas]

Hello all,

My name is Patrick Senas and this is my first time on this forum. I'm actually a pretty avid reader of the great articles posted on this website but have never thought of joining since I figured I wouldn't get into real estate. But here I am!! Below you'll find information regarding myself and my goals in RE.

Short Intro:

I'm a US Navy veteran that left the service in 2013 and currently enrolled FT at UCSD for Aersospace Engineering. I also work FT at Qualcomm as a Test Technician. I was always too afraid of investing in general but enjoyed reading books and blogs about investing. I decided I wasn't doing myself any favors by just dreaming about being financially free, so I dove feet first into the pit and now I'm deeply invested in stocks, IRAs, you name it. The next step in my journey is RE!

Goals:

My investment niche and strategy is this; I want to invest in multi-family rentals and buy-and-hold. I figured the best strategy for me is to get either an FHA or VA loan to take advantage of a low or zero money down payment and low interest rates if I move into one of the units. Stay in the home for at least 12 months then roll right into another FHA/VA home. Rinse and repeat, until the lenders refuse to give me anymore loans! haha

I do have some questions regarding financing options but I'll post it in the appropriate thread. So if you see that post, feel free to respond! 

Thanks!

Pat