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Updated over 4 years ago,

User Stats

16
Posts
7
Votes
Andre Jones
  • Rental Property Investor
  • Suffolk, VA
7
Votes |
16
Posts

Virginia Newbie Investor w/ ton of cash BUT no job

Andre Jones
  • Rental Property Investor
  • Suffolk, VA
Posted

Hi BP family. Hope everyone is safe and taking advantage of the quarantine

I am a newer investor. I work and live in Europe for roughly 10 months of the year. When I do come back stateside its normally to my hometown.. Suffolk, Virginia. My contract is a 10 month contract set up so when I am finally back home I am technically unemployed for the "offseason" ..So I'm finding it nearly impossible to get lending even though I have nearly 6 figures in reserves. I don't want to go into something with all cash and lose all my leverage. I am thinking of ideas of how to properly get into the business. I think maybe a co-sign with someone like my parents would be ideal... 

also any insight on Multi-Family homes in the Hampton Roads??

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