All Forum Posts by: Collis Crews

@Antonio Cucciniello thanks for your response! It's like I had mentioned to @Joaquin Camarasa, we pursued NACA with the sole purpose of owning a house and staying there for awhile, especially since my career would likely keep me in the DC area for long time. As my wife and I have been talking about generating wealth, our interest in investing has grown. It's apparent that NACA doesn't allow too much flexibility for some of the methods, but we're also trying to figure out what kind of investment methods makes sense in an expensive market like the DC Area.

@AJ H. Thank you for the advice! I'm almost finished reading "How to Invest in Real Estate", and there was a whole chapter focused on finding deals. Are there any other resources you'd recommend?

@Joaquin Camarasa thank you for the advice! I'll look into both, though the conventional loan seems like the better route.

@Joaquin Camarasa thanks for the response! Yes, what I mean is generating passive income leading to financial freedom. It's funny you mention this because my wife said she got a somewhat similar response with regards to the penalties, which don't allow for flexibility. We considered NACA and started the process back in August with the purpose of just owning a home. Real estate investment wasn't a thought until very recent. Though my wife and I are still meeting with them in mid January to feel them out, it sounds like NACA may not be our best option if we wanted to partake in some of the investment methods.

If we wanted to flip or house hack, the FHA and conventional routes would be best?

Thanks again!

Hello!

I currently live in the Washington, DC metropolitan area (specifically Silver Spring, MD) with my wife. We also just started the homebuying process through NACA. I'm seeking advice on purchasing our first home with the intent to make a profit on this investment, specifically in the Maryland suburbs. I'm willing to learn and listen!

Thanks!