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All Forum Posts by: Daniel Vargas

Daniel Vargas has started 3 posts and replied 10 times.

Post: Buying Turnkey properties

Daniel VargasPosted
  • Investor
  • Chicago, IL
  • Posts 10
  • Votes 11

Hey Joseph that’d be great feel free to message me. 

Post: Buying Turnkey properties

Daniel VargasPosted
  • Investor
  • Chicago, IL
  • Posts 10
  • Votes 11

Thank you these are good questions to ask myself. I'm using my VA loan to help finance my next deal and once I sell the home I live in now I'll have a good amount of capital to rehab the next property If I wanted to along with my W-2 job. But I'm just wondering if that capital could be better spent just going towards another down payment on another deal.

Post: Buying Turnkey properties

Daniel VargasPosted
  • Investor
  • Chicago, IL
  • Posts 10
  • Votes 11

Hello everyone, I’m looking to buy my first rental property within the next year.  My question is should I buy a turnkey property or something I can put some sweat equity into? Thanks

Post: Can’t wait to get started!

Daniel VargasPosted
  • Investor
  • Chicago, IL
  • Posts 10
  • Votes 11

@Mark Ainley thanks! My biggest goal right now is to finish renovations on the property I am currently flipping. With the profit from that I will be investing in a small multifamily property.

Post: Can’t wait to get started!

Daniel VargasPosted
  • Investor
  • Chicago, IL
  • Posts 10
  • Votes 11
Quote from @Mark Ainley:

@Daniel Vargas Love the enthusiastic post!  What are you goals to accomplish in 2024?  Put them out there so you have to live up to them!


Post: Can’t wait to get started!

Daniel VargasPosted
  • Investor
  • Chicago, IL
  • Posts 10
  • Votes 11
Quote from @John Warren:

@Daniel Vargas welcome to the forums! You are in the right place to meet a lot of great folks. 

I would recommend that you join local meetups if you haven't already. I run a meetup in Oak Park/Berwyn area, but you can find so many great meetups across the city and suburbs. You can find some meetups on the Neighborhood Building Owner's Alliance website. 

About / Members – Neighborhood Building Owner's Alliance (nboachicago.com)

There is also a good list on the Straight Up Chicago Investor's Podcast website. I would recommend checking out the podcast as well. 

Chicago Real Estate Investor Meetups | Straight Up Chicago Investor Podcast


 Thanks, John I live not too far from Oak Park. I would be interested in hearing more about the meet ups!

Post: Can’t wait to get started!

Daniel VargasPosted
  • Investor
  • Chicago, IL
  • Posts 10
  • Votes 11
Quote from @Paul De Luca:
Quote from @Daniel Vargas:

Hello, Bigger Pockets community! My name is Daniel Vargas, and I am a real estate investor based in Chicago, Illinois. I started my investment journey in January of 2023 and am incredibly grateful that I did. Like many of us here, I felt my life was on auto-pilot, and I wasn't working towards anything meaningful. Real estate has given me a new purpose in life and opened my eyes to many opportunities. I joined Bigger Pockets to immerse myself further in the real estate community. I am very excited to meet and connect with everyone that I can! 

Congrats on getting started! What's your real estate investing strategy?

 Hi Paul, I will invest in small multi-family rental properties, primarily focusing on buying and holding long-term. Ill be doing so with my brother, we both make good money and wanted to find a way to put it to work. We are currently working on a flip right now that should give us enough capital to continue investing in our next building.

Post: Can’t wait to get started!

Daniel VargasPosted
  • Investor
  • Chicago, IL
  • Posts 10
  • Votes 11

Thank you all for the advice and offers to help!

Post: Financing with a VA loan

Daniel VargasPosted
  • Investor
  • Chicago, IL
  • Posts 10
  • Votes 11

Hey guys, looking for some information from any veterans in the community that have used their VA loan for an investment property. Been hearing a lot of different things and would like some more information. Is it possible? Can I use my VA loan for more than one property? THANK YOU!

Post: Can’t wait to get started!

Daniel VargasPosted
  • Investor
  • Chicago, IL
  • Posts 10
  • Votes 11

Hello, Bigger Pockets community! My name is Daniel Vargas, and I am a real estate investor based in Chicago, Illinois. I started my investment journey in January of 2023 and am incredibly grateful that I did. Like many of us here, I felt as though my life was on auto-pilot, and I wasn't working towards anything meaningful. Real estate has given me a new purpose in life and opened my eyes to many opportunities. I joined Bigger Pockets to immerse myself into the real estate community further. I am very excited to meet and connect with everyone that I can!