Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

265
Posts
91
Votes
Joshuam R.
  • Specialist
  • Florida
91
Votes |
265
Posts

NEW CONSTRUCTION READY MOVE IN BRRRR

Joshuam R.
  • Specialist
  • Florida
Posted

Dear all, share your thoughts on this.

Simultaneously while flipping homes or involved in other investment vehicles.

If you have VA or Navy federal, you can do it with zero down and zero pmi , interest a little higher, but super low out of pocket since only closing cost is what you would pay. 12 months later do it again and move into your second new home with the same program. after 24 months, do it again, same program, by now you already had a full year of rents for House #1 where you can cash out refi , hold the property. Use that for closing cost on property #3, and so on with #4 then #5.

Navy asks how much you will be renting your primary for once it becomes a rental with a tenant to make sure the current mortgage gets taken care of. Navy will always service their loan, never be sold forward.

Loading replies...