Unique situation for real estate journey
Me and my wife are looking to buy our first house/investment in the High Point/Greensboro area. Our situation is unique in the fact that I play professional baseball in the LA Angels organization so from around February to September I will be on the road with my wife playing. So our thought is that we will buy our first home putting around 3% down and then while we are gone we will either have it as a STR/MTR. Our price range is around 240-300. I am looking for either advice with our situation or people who may have connections to some off-market properties as we are motivated buyers. I look forward to meeting and interacting with this great community! Also would love any advice on scaling this situation or opportunities I may be overlooking!
#2 New Member Introductions Contributor
- Lender
- New York, NY
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#2 New Member Introductions Contributor
- Lender
- New York, NY
Welcome to the BP community Brett! This site is an incredible platform that has numerous resources so definitely take advantage of it all. I'd love to get you started with your STR.
Would love to connect.
Welcome Brett, have you been pre qualified for a loan yet? Will you still want to STR/MTR the home when you are in the off season, or will you and your wife occupy it along during that time?
Quote from @Brandon P.:Yes we have been pre approved for a loan and have a real estate agent. We will be occupying it when we are home in the off-season but may still have it up as a short term rental on certain weekends where we can easily stay with family nearby.
Welcome Brett, have you been pre qualified for a loan yet? Will you still want to STR/MTR the home when you are in the off season, or will you and your wife occupy it along during that time?
#3 Tax, SDIRAs & Cost Segregation Contributor
- Specialist
- West Palm Beach, FL
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#3 Tax, SDIRAs & Cost Segregation Contributor
- Specialist
- West Palm Beach, FL
Hi Brett , you came to the right place! Welcome aboard and best of luck investing!
- Engineered Tax Services
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Quote from @Brett Kerry:
Quote from @Brandon P.:Yes we have been pre approved for a loan and have a real estate agent. We will be occupying it when we are home in the off-season but may still have it up as a short term rental on certain weekends where we can easily stay with family nearby.
Welcome Brett, have you been pre qualified for a loan yet? Will you still want to STR/MTR the home when you are in the off season, or will you and your wife occupy it along during that time?
Sounds good Brett, best of luck in real estate investing and best of luck in the MLB.