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Updated almost 5 years ago on . Most recent reply

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Collis Crews
  • Silver Spring, MD
2
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5
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New to Real Estate Investing

Collis Crews
  • Silver Spring, MD
Posted

Hello!

I currently live in the Washington, DC metropolitan area (specifically Silver Spring, MD) with my wife. We also just started the homebuying process through NACA. I'm seeking advice on purchasing our first home with the intent to make a profit on this investment, specifically in the Maryland suburbs. I'm willing to learn and listen!

Thanks!

Most Popular Reply

User Stats

5
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2
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Collis Crews
  • Silver Spring, MD
2
Votes |
5
Posts
Collis Crews
  • Silver Spring, MD
Replied

@Joaquin Camarasa thanks for the response! Yes, what I mean is generating passive income leading to financial freedom. It's funny you mention this because my wife said she got a somewhat similar response with regards to the penalties, which don't allow for flexibility. We considered NACA and started the process back in August with the purpose of just owning a home. Real estate investment wasn't a thought until very recent. Though my wife and I are still meeting with them in mid January to feel them out, it sounds like NACA may not be our best option if we wanted to partake in some of the investment methods.

If we wanted to flip or house hack, the FHA and conventional routes would be best?

Thanks again!

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