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Updated over 8 years ago on . Most recent reply

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15
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1
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Tony Nguyen
  • Virginia Beach, VA
1
Votes |
15
Posts

Newbie looking for guidance

Tony Nguyen
  • Virginia Beach, VA
Posted

Good morning all!

So I amd new to this investing lifestyle and want to know serveral opinions or routes that have been successful for many. I recently brought a home in Virginia Beach and have been here for 6 months and want to obtain a second property which route would be most beneficial: Looking for a seller fianace/ rent to own type route and then try to get a tenant to get cash flow that way or try to get an REO (which mean getting a second mortgage loan) and rehab and rent out? Which would be the better route as a starter investment?

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