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Updated over 5 years ago,
Newbie looking to invest into first triplex/fourplex
Hello, everybody
It's great to be apart of this team. As the title says, I'm a newbie in real estate and I'm looking to invest into my first Triplex/fourplex ( well first property to be exact).
A little about me, I currently work overseas as a military contractor. I will be overseas until July/August. After this contract is up I have plans to attend Arizona State University in the fall of 2020. As of now my plans are to purchase a triplex/fourplex and house hack the property to make some cash flow and build capital for more properties. I will be funding this investment with a VA loan.
I'm eager to get into real estate but I don't want to rush into a bad deal. When I move to Arizona I would like to have the property purchased and ready for me to move into so I don't have to rent and use money that I can save for future investments. Would it be wise to just rent and take my time?