All Forum Posts by: Angela Jones

I'm interested to know as well! Other than the obvious- having cash and not being able to assess the property...

 Yes! Moving... no idea where 😂. We also want to invest but it doesn't have to be in the same market we live in. We are gypsy-like lol

We just sold our primary.

We have 6 months savings.

We have a down payment for investment (str hoping), but we are also both veterans so we are planning on purchasing zero down for our next home (house hack hoping).

We do have reserves- small, but it's there. 

We are about a month out from pre-qual for our primary. We don't know exactly where we are moving and are open within reason. We are holding off for another month just so it doesn't expire and gives us time to find where home will be. As far as qualifying for an investment- I have no idea how second mortgages work. I've been reading a lot but wouldn't be against buying a str first and getting that underway prior to a primary. I know it seems backwards but we really have no idea where we are moving yet.

I have contacted a few agents in some locations for where we may move- keeping them informed we are considering but not set in stone. I have also reached out to one regarding a str that we are considering in a state we are not going to use as our primary. 

we are really in a position where anything is possible and trying to make sure it sets us up for success. We don't have very supportive families so that isn't a problem for us either. We really are our own people... we just need guidance on how to kick start this adventure and become financially free.

 Yes! I love that! I'm going to go home after work and make my husband read all these! Just as paralyzed as I am- he is even worse!

Step by step! I will do my DD! For sure! Thank you!

 Thank you so much! We really haven't done str's before. We use them all the time though! I see the value in places that are neglected. We have accidentally flipped a few places and thought "hmmm... well, maybe since gravity is pulling us in this direction, maybe we should just go with the flow?" BUT... I'm nervous! We have 4 kids. We have pulled the short stick more than once. We've learned a lot but really aren't fans of the hard lessons.  I love to chat and get ideas and learn from people so experienced! Thank you so much!

 Yes! I've been using all the BP tools and airdna. I will have to look closer since it's been on the market for awhile. I think that's my biggest mental block. Why? It's too good to be true. I need to dig deeper! Thank you!

 Are the PMs that deal with STRs?! 
and google alerts?! So much knowledge there! I'll look more into both of these! Thank you!

 Ugh. So true and wise! It is a scary thing! But if what you're doing doesn't work you need to try something new, right?! Thank you so much for this! I needed to hear that!

I've read all the reads. I've searched all the search. I have obsessed on the obsess. I am paranoid to take the dive. All the what ifs. All the potential disasters. All the nail biting.

So tell me... what would you have told yourself your very first time buying out of state? What would you have done differently? Would you please feed me some knowledge and positive vibes?! I've got one toe in the water. I need to jump on in!