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All Forum Posts by: Christian Drake

Christian Drake has started 7 posts and replied 24 times.

Post: New REI Couple from Chesapeake, VA!!!

Christian DrakePosted
  • Virginia
  • Posts 30
  • Votes 5

Welcome Stefani,

There's an awesome local Real Estate Investing group called Tidewater Real Estate Investing Group (TRIG) in your area. I put the link below. A lot of awesome people go to the meetings. 

https://www.trigofva.com

Post: Active Duty Real Estate Investing

Christian DrakePosted
  • Virginia
  • Posts 30
  • Votes 5

@Jonathan Cox I still have just the one. In the process of expanding on that now. If you're not in the same location you can use your VA again all the way to the limit. The CAP is at 453K.

https://www.military.com/money/va-loans/home-purch...

Post: Active Duty Real Estate Investing

Christian DrakePosted
  • Virginia
  • Posts 30
  • Votes 5

I got started by getting a home via VA loan. Moved and got it rented. Pretty easy because I didn't have the entire process shoved in my face all at the same time. Its worked out well. @Jonathan Cox

Post: Active Duty Real Estate Investing

Christian DrakePosted
  • Virginia
  • Posts 30
  • Votes 5

Read Set For Life to get started. You will get a good feel for what you want to do after getting your mind opened. 

Post: Quick Funding Help Question

Christian DrakePosted
  • Virginia
  • Posts 30
  • Votes 5

@kerry boyle I thought about that, but I don't have enough equity in my other investments like right now.

Post: Quick Funding Help Question

Christian DrakePosted
  • Virginia
  • Posts 30
  • Votes 5

Needs rehab. Purchase + rehab = 70k. ARV 100k.

Post: Quick Funding Help Question

Christian DrakePosted
  • Virginia
  • Posts 30
  • Votes 5

Hello everyone,

I'm trying to find a way to fund a deal at 70K. The wholesaler wants cash (and rightfully so) but there's a gap between my capital and the lowest amount hard money lenders want to lend. The answer is private money and I've exhausted my options there. Anyone out there have a possible solution to this problem? Thank you in advance.

Afternoon! Just introducing myself as someone who is in the Hampton Roads market. Looking for any potential BRRR residential properties (Single or Multi).

Post: VA Beach development Please help

Christian DrakePosted
  • Virginia
  • Posts 30
  • Votes 5

Hey Skyler,

We're pretty much in the same spot. I was in the Navy for 5 and I got out just about a year ago. I'd encourage you to go to a TRIG meeting. They have meetings every third Tuesday of the month I believe. I listed the link below.

https://www.trigofva.com/

Post: Househack in Northern Virginia

Christian DrakePosted
  • Virginia
  • Posts 30
  • Votes 5
I’m tracking, I don’t want to live in Quantico. I want to live within thirty to forty minutes of the base. I haven’t seen any duplex properties in the area. However, I’m optimistic that there are homes with in-law suites that can be rented.