All Forum Posts by: Chauncy Gray

Hello,

I am planning to obtain a loan through the VA and purchase a four-plex around the Chicagoland area. Has anyone used their VA loan for purchasing a four-plex? If you have, I would like to ask if you can share your experience, and provide any recommendations as I get ready to go through the process before September.

MIchael,

Thank-you! I greatly appreciate it. 

Hello Everyone, 

My name is Chauncy Gray, but please call me Chauncy. 

I am beginning my journey in Real Estate, and I have been educating  myself and going to RE seminars with the hopes of preparing myself as much as I can. 

I want to share my goals here with you:

1.  My goal is to acquire 10 cash flow units, and to generate an average of $300-400 net income per month from each property. I do not have a specified time frame, because I am focusing on doing this correctly. 

2. Before I am able to acquire cash flow units, I need to learn how to make at least a few wholesale deals, using little or none of my own cash. 

3. In addition, I want to learn how to rehab. My goal is to make three rehab deals per year. 

I would like to connect with those who are experienced in acquiring cash flow units, wholesaling, and rehabbing. Please share with me what you have experienced.  

V/R,

Chauncy