All Forum Posts by: Andrew Dunlap

 Thanks for the response Bill. I don't have 4 properties, not sure what that's referring to. But you're definitely right in your observation that I don't know the market (I don't live there yet). Maybe there is a way I can learn from afar before the move? I guess this could be a great resource for that!

Thanks for he response! Interesting to hear from a SWVA investor.

I was under the impression that unless I lived in the multi family (not out of the question) that I would need 25-35% for a down payment on a community. Thus limiting me pretty drastically to places under 400k. True?

Going the SFH route seems comfortable as I understand it better, but I'd rather do the right thing than what's easy!

Thanks again.

Hi All,

I bought my first house 4 years ago and slowly updated it and rehabbed it myself, and ended up selling and walking away with 80k to use towards a real estate venture. 

My goal is to leverage the 80k as best as I can to get a solid RE portfolio as quickly as possible (I think I need more capital!). I'd love to do this full time, but know I'll need quite a few properties to get to that point.

Also,I'm moving from Baltimore to the Roanoke VA market which is substantially cheaper (thankfully) so deals should be available.

So ultimately I'm looking for different opinions. What would you say is the best track forward? Flip a few houses? Buy a rental now? Try to find a cheaper multi family? 

I'm not interested in wholesaling and I will be working full time and using my down time to work on whatever I end up going with for now (which has worked out well so far with my first house).

Thanks for insights. Looking for what YOU would do in my shoes.

Thanks!