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All Forum Posts by: Callie Mejia

Callie Mejia has started 1 posts and replied 3 times.

Post: First investment property multiplex hunting

Callie MejiaPosted
  • Rental Property Investor
  • Norwich, CT
  • Posts 3
  • Votes 1

@Brandon Vukelich Unfortunately we don't have too much money for a down payment and in order to use our VA loan or FHA we would have to occupy a multi family. With us having to be close to the Navy Base in North Kitsap, I haven't been able to find anything that would be a good investment.

Post: First investment property multiplex hunting

Callie MejiaPosted
  • Rental Property Investor
  • Norwich, CT
  • Posts 3
  • Votes 1

@Michael Haas. It's very overwhelming trying to figure out how to start out! We don't have too much cash for a down payment so to purchase in Washington it seems like we would need to house hack to follow the VA or FHA loan policies but we would need to be close to base which is quite spendy. Using the 2%/50% rules of bigger pockets we haven't found anything that would even remotely work for us. That has led us to think about remotely purchasing some cheaper properties in Detroit or in southern USA but that intimidates me as well being so far away!

Post: First investment property multiplex hunting

Callie MejiaPosted
  • Rental Property Investor
  • Norwich, CT
  • Posts 3
  • Votes 1

We are just about to move to Seattle area which is very expensive purchase price so we are considering our first investment property being down south. We have been looking at properties in realtor.com but are kind of floundering for our next steps. Should we choose a definitive location and find a real estate agent there to help us? I’m a little lost on the first steps.