Newbie - Jacksonville, soon-to-be Orlando, FL

[Brian Wilkins]

Good day everyone, my name is Brian and I recently began my journey into being my own business owner/investor. Real Estate seems like a good entry point which led me to Turner's "Rental Property Investing." I'm about 92% done with the book and it's left me pretty excited. 

I'm currently still in the military service and I'm using my last two years to get a Master in Business Administration degree (just started applying, been accepted to a few). Figured why not, maybe it'll help bring some credibility to my name and give me a foundation moving forward. 

Well, me and a partner are looking to get into rentals, flipping (if we're confident enough), house hacking, and maybe wholesaling. Our primary focus will more than likely be rentals (SFRs). 

We will be moving to Orlando in about 2 or 3 years to start this venture. I figured I'd start here early to start building relationships and knowledge, because Orlando is a beast. On one side of the town you have def As and Bs. And the other you have straight Fs (forget Ds). So navigating real estate will definitely have its up and downs. But, Orlando is still developing and attracting new people everyday. 

If anyone can provide insight on topics listed above, have specific experiences in Orlando, and to share your great wealth, please send me a message. Hopefully you made it to the end of this post. Thanks for reading.

[Shawn McCormick]

@Brian Wilkins Welcome to BP.  I agree with @Doug Spence. I've seen sooooo many people wait and wait and wait and never pull the trigger. Saving for down payment is fine, but that only gets you so far. You could wholesale a couple deals and have a down payment in a few months, or find creative finance deals like subject to or seller financing. Granted, these are not easy strategies and can be difficult to find, but it will get you involved, keep you excited and move the needle forward. Life happens and I promise if you wait 2-3 years, something else will grab your attention, steal your time or take away your ability to purchase and you'll be right where you are today.

You should definitely utilize your VA benefits (Thank you for your service!!) of a Zero down loan to purchase a primary. You can get a duplex and house hack or BRRR if you are careful and patient. I'm in Orlando and would be happy to chat and try and get some focus or direction to get you moving along.

Good Luck!