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Updated over 6 years ago on . Most recent reply

User Stats

65
Posts
15
Votes
Shane Welch
  • Norfolk, VA
15
Votes |
65
Posts

Where to go from here (first 2 or 3 deals)?

Shane Welch
  • Norfolk, VA
Posted

Hello, here is my plan and problem:

1) Recently closed on a Duplex. w/VA Loan
2) In 1 year, plan to buy another w/VA Loan
3) Year later, buy another 2-4 unit with FHA Loan.

This is where I get stuck.  Where do I continue from here?  I will not have enough equity or saved cash to upgrade or buy a large multiunit.  Or am I missing something?  What is your strategy for growing and what do you think I could do to grow larger/faster?

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