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All Forum Posts by: Josh Edelman

Josh Edelman has started 47 posts and replied 167 times.

Post: Where should I move? Military and have choices between these...

Josh EdelmanPosted
  • Real Estate Agent
  • Las Vegas
  • Posts 182
  • Votes 126

Between Las Vegas, Ft Worth, Tuscon, or Oklahoma City? I want to either BRRR or househack a multiplex

Post: Active duty military moving in 1.5yrs. Should I buy now or wait?

Josh EdelmanPosted
  • Real Estate Agent
  • Las Vegas
  • Posts 182
  • Votes 126

@shaun 

@Shaun Futch thank you very much! this helps a lot. I have decided (after studying a bit more and from the pre deployment readiness) that I will not do a fixer upper; however I a most likely start with a VA for my situation and overall recommendations. I will make sure that I will still be able to use it at my next location though. I am looking for deals now and running the numbers to make sure I get a good ROI.

any other recommendations along the way I appreciate. thanks again all!

Post: Active duty military moving in 1.5yrs. Should I buy now or wait?

Josh EdelmanPosted
  • Real Estate Agent
  • Las Vegas
  • Posts 182
  • Votes 126

Thank you everyone. After studying a bit more of my area and the potential I am 100% committed. my biggest question is VA loan or FHA? I hear differing opinions on this part. I would like to do some repairs on whatever I buy. Will VA loan allow this (ie buy a property for 50k, put another 40k into work, buy equipment/furniture for 20k = 110k total).

In about 1 year I will be moving and buying another property. Some say do FHA now then do VA loan on second property.

Others say you can do VA loan on both.

Post: Active duty military moving in 1.5yrs. Should I buy now or wait?

Josh EdelmanPosted
  • Real Estate Agent
  • Las Vegas
  • Posts 182
  • Votes 126

okay thank you all!

Post: Active duty military moving in 1.5yrs. Should I buy now or wait?

Josh EdelmanPosted
  • Real Estate Agent
  • Las Vegas
  • Posts 182
  • Votes 126

It is February 2019 and I am deploying in July for six months. I will then be moving to a new base in May of 2020.

So I have 6 months in South Carolina (where I am looking to buy), then deploy for 6 months, then come back for 6 months and then move.

I want to house-hack and rent it out when I move, but I am stuck. Being a new, younger investor, should I:

1) buy now before I deploy?

2) buy after my deployment (having saved up for a large down payment)?

3) buy once I move to a new location so I have more time and stability in that house?

Looking at a multi-family or SFH. I plan to use VA or conventional loan.

Thanks a lot!

- Josh

Post: looking to buy and house hack/rent in West Ashley (Charleston SC)

Josh EdelmanPosted
  • Real Estate Agent
  • Las Vegas
  • Posts 182
  • Votes 126

thank you all for the information. I am continuously doing research and learning all I can. I plan to house hack a multi-family of some sort.  i appreciate you all!

Post: looking to buy and house hack/rent in West Ashley (Charleston SC)

Josh EdelmanPosted
  • Real Estate Agent
  • Las Vegas
  • Posts 182
  • Votes 126
any advice for folks living in Charleston? lots of new construction in the area. houses going up left and right. should I buy a new construct or look for an old duplex or condo to rent out?