Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jacob Cochrum

Jacob Cochrum has started 2 posts and replied 3 times.

I am able to purchase a home with zero down due to va loan. Will live in the rent out and buy another. Better to rent out a brand new home or older home?

Post: New Rental Property Investor

Jacob CochrumPosted
  • Posts 3
  • Votes 0

Thanks for your advice I really appreciate it. That’s the only way I can think about buying properties without having a lot of money out of my pocket. 

Post: New Rental Property Investor

Jacob CochrumPosted
  • Posts 3
  • Votes 0

Hi my name is Jacob Cochrum. I am new to this site. I am a registered nurse that works full time but also trying to get into the rental property business as well. I bought a new build house about 4 years ago for myself to live in. I recently moved across San Antonio and bought another new home using my zero down VA benefits and currently renting out my other house using a property manager. I recently got a good job offer about an hour away so im looking now for another new home build to buy and move to. My plan is to rent out the house im living in now. So hopefully if everything goes as plans by this summer will have a new home build that I live in and two new home build rental properties. I would like to continue to do this until I can have quite a few properties. Im not making much on the month to month mortgage off my rental but it is paying the mortgage and im benefiting from the appreciation value of the home. My goal is to have 5-10 houses using this same strategy of buying using my va benefits and living in the house for a short while and then renting that house out and moving on to the next new home purchase. I like buying homes that are freshly built because there aren't very many things to break or need fixing and if if there are I have a warranty on the house still. Can I please get some input on what is thought of my real estate rental plan.

thanks alot