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All Forum Posts by: Jerry Daniels

Jerry Daniels has started 2 posts and replied 2 times.

Post: Buying Property in my hometown

Jerry DanielsPosted
  • Sublimity, OR
  • Posts 2
  • Votes 1

Okay BP here is my first question:

I am in the US Army and live in Oregon, I am from a small town in Georgia where my Mother and other family members are living. I am really wanting to buy the house that my Mother has been renting for over 20 years, my grandparents home (which is only around $8,000) and one other property in the community. I would like to use this property as rental property and hopefully make an income off of it. Now, 1. I would like to see if there is a way to achieve this, without using my credit or income (if its possible I need to know how). 2. I am not going to living in the town but I will have someone there who is capable of managing the properties.  My Mothers home and the second property could be purchased for around $40,000 a piece. How do I get this done?

Hello BP: I am currently living in Sublimity Oregon and working out of Salem. I have been  in the US Army for the last 17 years and am currently working in the Recruiting Command. I am looking to learn as much as I can about investing and am really anxious to get started ( I am literally dreaming about my first deal). I am open to suggestions as to how to get up and going. I am thinking along the lines of wholesaling, but not sure if that is the best move for my situation. All advice is welcomed. Great to meet you all.