Active duty, closed on third property!

[Christopher Hall]

I closed on my third property yesterday and it felt great! I’m active duty and have bought a property at the past two stations I was out and then rented them out once I PCs’Ed. Now at my third station I bought another and plan to live in it until I move again. I buy with the idea of renting after I leave so they are all modest 3 bed 2 bath. Once I rent this property out I will break 1000 a month cash flow and that has been the goal for a few years now!

I manage them all my self and I haven’t had to many issues and COVID has been minimal ( one of my tenants lost their job.)

I plan to keep buying when I can to ultimately sell everything and consolidate into multi family or at least a central location.

I have capped my va loan out now. So I'm not sure what I will do as far as loan products moving forward. I've heard about renewing the va entitlement if I was to refinance a property that had a LTV under 80 %. One of my properties fits that description I'm just not sure how that really works out. I haven't met or talked to anyone that has done it. If anyone has any tips or pointers moving forward that would be welcomed!