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Updated over 4 years ago,

User Stats

2
Posts
1
Votes
Joshua Field
  • Contractor
  • Sterling, VA
1
Votes |
2
Posts

Purchasing my 3rd property

Joshua Field
  • Contractor
  • Sterling, VA
Posted

Hello all, beginner here,

My main question here is that I am looking to buy my 3rd property, what would be my best option??

I currently have 2 homes that are being rented out for positive cash flow. Both homes are on a 30 year VA loan. No down payment was needed so the loan is 100%. My main goal is to create more cash flow.

If a loan is an option for the next property then a down payment would most likely be required as I've used all my VA benefits with the previous 2 properties.

I don’t have much saved up so something like a flip wouldn’t be the best option.

Should I continue with loans? Or are there other options that best suit me?

Thanks in advance.

Josh

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