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Updated 7 months ago on . Most recent reply

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Fernando Ramos
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1
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Veteran trying to buy rental property (starting out)

Fernando Ramos
Posted

Hey everyone! I just separated from the military currently living in Nothern Virginia and I have been looking at out of state investing and I would love to get your input on that and also how would you go about finding leads when you do not live in that particular state I'm particularly looking at N.C around the Fort. Liberty area I currently make 70k and have roughly 20k to put down and I also qualify for a VA loan. So I can use the money for a rehab if necessary.

Thank you in advance!

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Hamp Lee III
  • Real Estate Agent
  • San Antonio, TX
792
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Hamp Lee III
  • Real Estate Agent
  • San Antonio, TX
Replied

I recommend starting local with your VA loan. It's a great way to get started in real estate. Look for a multifamily property if you can. Even if you purchase with a single family home, it's a start.

I'm active duty Air Force with four properties. Three are VA loans.

PM me if you have questions.

I wish you all the best. 

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