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Buying & Selling Real Estate

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James Meador
  • Saint Marys, GA
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Help with my limiting belief

James Meador
  • Saint Marys, GA
Posted Nov 2 2017, 16:19

I am moving to Charleston, SC in about 3 months. I am also looking to start RE investing asap. My limiting belief right now is that I won't be able to buy a personal residence if I purchase rental properties between now and then. This is based on not being able to get financing after recently financing rental properties.

More specifics: I live 4 hours away from Charleston in GA. I purchased the house we live in 3 years ago with a VA loan, about 90% financed right now. No rental properties at this time. I have some cash for down payments, and I am setting aside cash for 20% down on my next residence. I will be retiring from the military after the tour in Charleston and I'm trying to make up for my change in income when I start collecting my retirement pay. I want to invest in the Charleston area, and I'm trying to overcome my limiting beliefs.

Any help would greatly be appreciated.

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