Updated over 3 years ago on . Most recent reply
Corporate Housing Beginner
After month's of educating myself with books, BP podcast and the local area I have finally started the process of creating my LLC.
My Air Force career is coming to an end in January and now that my daughter is a little older I'm ready to dive into Realestate.
I have identified a need for corporate housing in my area, my goal is to get seller financing on a house in community close to my local hospital.
I don't have much capital so my second approach would be rental arbitrage just to get my foot in the door.
Any advice or insight is appreciated!
Most Popular Reply
@Hannah Burch Welcome to the BP forums! My husband is at the end of his AF career as well (I was AD Coast Guard many many years ago!). It's a big transition for sure!
What area are you looking at investing in? There close to you? For seller financing, you'll likely have to go do some door knocking, or asking around your personal sphere of influence there, find a local REI group, etc.... Not to say it can't happen, but most deals listed with an agent won't be willing to do seller financing. Most of those want to move (individuals moving to the next house), or investors who are looking to 1031 won't want to do seller financing. So, try some alternative methods of finding properties. Can you move into one of the units for a year? (do a VA or FHA loan?)