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All Forum Posts by: Sung Yu

Sung Yu has started 10 posts and replied 21 times.

Post: Two months to find and close my first property

Sung YuPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 22
  • Votes 12

Good afternoon, newbie here. 

I am looking to invest in my first rental property in WA state (Thurston/Pierce County close to JBLM, WA) with two months left before I move to another military installation. Considering limited time, I am thinking house hacking option with the VA loan is unlikely to work - does that only leave me with conventional loans to purchase strictly a rental property with a conventional loan? I am looking to spend 20k on my first investment but considering the area and having to use conventional, I would most likely need to borrow additional money to cover the down payment. If anyone is local to the area or have a military background, I would appreciate any advice as what you would consider under these circumstances. Feel free to reach me if you'd like to connect!

Thanks in advance