All Forum Posts by: Paul H.

ahhh I see. I didn't know it worked that way. Thanks for that info.

@Jeff - yeah I didn't think that one would be suggested. I'll go the route of starting small, seeing how the process works, learning from mistakes, and moving on from there.

I like how you mention "getting your feet wet" and your profile picture shows you in the middle of the lake. I'm assuming you've done pretty well for yourself !

@ Matt - It's great to hear USAA is working out, I have heard their customer service is fantastic.

Is there a reason you first went through a local credit union vs. VA ?

I do plan on saving for a downpayment, I have seen what 100% financing has done to people during the housing crash. But if 100% is offered, and I'm looking at a long term rental that would be less risky to any current market fluctuations is it worth doing ?

Thanks for the info. on USAA insurance. Good luck out there in Afghanistan!

Hey BP,

I've been viewing the site for a few weeks now and thought I would put up my first post.

A quick intro, I'm an accounting student near Pittsburgh, PA and will be finishing up within a year. I am looking to gain as much knowledge as I can from this site so I can take part in real estate investing when I have job and the opportunity to do so.

Prior to school I spent a few years in the USMC, which I think may be the greatest career move I will ever make.
From this service I have questions on VA benefits that I am able to take advantage of.

I have 3 somewhat un-related questions and any advice, comments, or concerns would be appreciated.

1. For the veterans, with investing into a SFR would I be better off with going through USAA or the VA ? Also note, I do have excellent credit so maybe there's another, better option than these two ?

2. I would like to be very open to my future career so moving locations may happen. What are your thoughts on investing into a rental when that moving possiblity is there? Is it easy to just let someone else manage it and leave?

3. As for my long term goals, I am interested in owning a large hotel(s). What's the best way to go at this? Through starting small (SFR, rehabbing...), going into a joint venture on a large property, or just find a franchise that will give me money ?

I hope these aren't dumb questions, I am rather new at this.

Thanks guys,
Paul