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All Forum Posts by: Luke Valentine Johnson

Luke Valentine Johnson has started 1 posts and replied 9 times.

Post: New Real Estate Investor

Luke Valentine JohnsonPosted
  • Madison, WI
  • Posts 9
  • Votes 2

Thanks for the warm welcome @Andrew Syrios. 

Post: New Real Estate Investor

Luke Valentine JohnsonPosted
  • Madison, WI
  • Posts 9
  • Votes 2

Thanks for the advice @John Walter. I'll look into Veteran's United and set up keyword alerts. 

Post: New Real Estate Investor

Luke Valentine JohnsonPosted
  • Madison, WI
  • Posts 9
  • Votes 2

Hey @Jon Lallande. Thanks for replying. I feared that my GI Bill housing stipend wouldn’t be counted as income. Hopefully I’ll find a lender that accepts it. I plan on searching for lenders this week. Hopefully, my wife’s job transfers. We’ll see! Focusing on saving and credit building has been a priority for a while. It’s tough, but we press on towards our goals. Thank you again for the support. I look forward to seeing you around the forums.

Post: New Real Estate Investor

Luke Valentine JohnsonPosted
  • Madison, WI
  • Posts 9
  • Votes 2

Hey @John Walter. Thanks for the reply.

My wife and I foresee her work following us, but time will tell.

Do you have any recommended information sources regarding the VA home loan process?

I do expect a disability rating, but I'm unsure what percentage. I filed recently and am waiting for the VA to reach out to me for examination.

Thank you again for the reply and your encouragement. See you around.

Post: New Real Estate Investor

Luke Valentine JohnsonPosted
  • Madison, WI
  • Posts 9
  • Votes 2

Thank you for responding to my post @Gary F. I know little about the Madison market, so your insight is helpful. Thank you too for sending me in the direction of @Jack Medford. I reached out to him and hope to attend the virtual meetup soon.

Post: New Real Estate Investor

Luke Valentine JohnsonPosted
  • Madison, WI
  • Posts 9
  • Votes 2

Thank you for your support and warm welcome @Odie Ayaga. I look forward to seeing you on the forums.

Post: New Real Estate Investor

Luke Valentine JohnsonPosted
  • Madison, WI
  • Posts 9
  • Votes 2

Thank you for the reply and for your recommendations @Craig Curelop. I’m excited to take action on these and move forward towards my goals. Thank you for the support.

Post: New Real Estate Investor

Luke Valentine JohnsonPosted
  • Madison, WI
  • Posts 9
  • Votes 2

Thanks for the reply @Jack Medford.

Thank you also for offering to get me on the email list for the area. Please do add me. I’d appreciate that a lot.

Post: New Real Estate Investor

Luke Valentine JohnsonPosted
  • Madison, WI
  • Posts 9
  • Votes 2

Hello Bigger Pockets Forum. This is my first time posting. I'm currently on active duty in the Marine Corps, and one day my Staff Sergeant suggested that I read Rich Dad, Poor Dad. 6 months and many books later, I've decided I want to start investing in real estate. I transition from active duty to veteran on September 20, 2020. My current plan is to move to Madison, WI with my wife and attend college full time. We have an idea of how we want to invest, but we don't have all the details. Our hope is to purchase a small multi-family home to house hack using the VA home loan. Once able, we plan to refinance the VA loan into a traditional loan with the equity we've built over the span of 1 year. We hope to repeat this process 2 or 3 times. Once we've acquired 3 or 4 small multi family homes, we would like to sell them all at the same time to give us the capital we need to use as a down payment on an apartment complex. I post this hoping to receive feedback and to make connections with people in the Madison, WI. Thank you.