All Forum Posts by: Jacob Kimbrough

Looking at investing out of state. I currently rent in Texas and do not own a home. I am wondering if I could apply for a loan on a rental property in Alabama as a "secondary residence" or if I will be required to apply for the loan as an investment property. Are there advantages to one over the other? Does it matter that I do not own my current residence? Thanks for the help yall!

Thank you so much Mya! I definitely am trying to learn as much as I can right now and books are great but nothing is quite like talking to somebody who has done it themselves.

Thanks for the advice! That’s awesome that you got yourself a duplex im trying to do the same thing just haven’t found one yet that I think has potential to be a good deal for exactly what my goal is.

Absolutely! Lots of work ahead of me but exciting none the less. Thanks for the advice!

New to real estate investing and also this whole forum thing as well but I will be relocating to Austin or San Antonio area (depending on work) soon and hopefully purchasing the first property in the next couple of months or so as well. I would greatly appreciate any advice, especially specific to that general area in Texas. Thanks in advance!