First post: Looking for input on my situation
Hello, this is my first post on here I’m an active duty military member and licensed lender and my wife is an active realtor we’re looking to purchase our first of many investment properties in Florida and our open to take pointers and advice on our strategy.
We were looking at taking out a heloc on our paid off home(up to 750k) and wanted to start investing in the brrrr strategy and continue reusing the heloc to fund further more projects.
Our goal is to play the long game and invest in areas with positive outlooks on appreciation such as Tampa or Jacksonville but not too familiar with the markets in those areas
We aren’t sure which is the best route to start with as we’re leaning towards to multi-unit properties but is it better to start off with a single family unit? How could we leverage our licenses and Va loan access to our advantage.