Updated over 4 years ago on . Most recent reply
Looking for advice on my first investment property
Ok so like most people here it all started with a book mine was "rich dad poor dad". I've since have read/listen to books, read post and listen to pod cast. Done a lot of research and I know if I don't just do it I never will. I'm not going to make an cash purchase I'm able to use an VA loan which will allow me to hold onto a lot of my money for updates etc. I would love to flip but the guidelines for VA are pretty much like FHA so the house needs to be in good shape. So now I'm looking at buy and hold. My question is, would it be a good idea to buy and hold an house that I'm buying at market price or should I just keep saving and wait till I can buy an fixer upper? Or is there any other routes I should explore. Thanks