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Updated over 10 years ago on . Most recent reply

User Stats

68
Posts
16
Votes
David Pierce
  • Tacoma, Washington
16
Votes |
68
Posts

Options for new investor

David Pierce
  • Tacoma, Washington
Posted

Hey guys,

I am looking for some advice..... I am active duty military stationed overseas. I currently co-own one triplex with my brother which we bought last year. My wife and I want to start actively investing and have 40k cash.... I will be returning back to the states in six months or so at which point I plan on buying either a duplex or quadplex and fixing it up over the course of the year we live there, then refinancing it with a conventional loan and reusing my VA loan for something else. But right now I was thinking about using a turn key service somewhere in the Midwest to get the ball rolling for the time being and see how it goes.....I have been looking at Ohio cash flow, but the bottom line is my wife and I don't have the time or mental injury after the last two years of total stress to dea with ALL the intricacies of flipping or managing ourselves.... Our end game is to get s30-40 doors in the next 10 years so we can have enough passive income to live comfortably....look forward to hearing from all your expert ideas and opinions! Let me know if you have had personal experience with a turn key company and what the outcome was!

Thanks,

Dave

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