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Updated over 4 years ago,
Purchasing my 3rd property
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