Hello my name is Daniel and I am beginning my journey of real estate investing I live in St. Augustine FL. My brother lives in Kennewick Washington and that is where I want to buy a duplex or multifamily home. Which my brother would be the eyes on and can be the handyman. So looking for investors or I'll get the loan.
@Daniel Hirst thank you for posting! You could take this down with 5% down as a non occupying coborrower and have your brother as the priamry borrower and owener occupant on the loan. We do this a lot for clients/investors. I would be glad to connect on a call and talk through this with you if you'd like? Just let me know!
Hey Daniel, welcome! My wife and I also invest in the Tri-Cities. We have properties spread throughout Kennewick, Richland, and West Richland. What specifically are you looking for? I am happy to help as we have a pretty good set up there. We don't have a massive portfolio, but we're also not tyring to be so big that we can't manage ourselves.
Hi Nicholas so I have bought two homes sold one do to not knowing much about realty. Now I'm interested in starting my journey into buying a rental property. My brother lives in Kennewick so my plan is a duplex or 4 plex in 99336 zip code. So I don't have much cash on hand. I wanted to use my a VA loan but since I won't be living in it I can't. So I'm looking for maybe investors or different financing options to help me aquire the loan. Also one unit would be already claimed since me and my brother are getting into this equally. So my price range i would be interested in would be 400- 500k. Any advice thoughts or maybe you have one you would like to not manage or maybe gain partnership so you don't have to deal with so much.
@Daniel Hirst thank you for posting! You could take this down with 5% down as a non occupying coborrower and have your brother as the priamry borrower and owener occupant on the loan. We do this a lot for clients/investors. I would be glad to connect on a call and talk through this with you if you'd like? Just let me know!
@Grant Schroeder ok that sounds good I will be definitely reaching out to you then. I need to look for properties from what I'm seeing is only 3 to 5 options in that area right now.