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Updated over 6 years ago on . Most recent reply

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Willie Cole
  • oklahoma city
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Trying To Get Started The Right Way!

Willie Cole
  • oklahoma city
Posted

Hey good afternoon everyone!

Currently I'm in the Marine Corps stationed in Oklahoma City. I'm trying to get into investing in duplex and triplex's, I've contacted my VA loan center and I'm able to receive a decent loan if needed. My credit score is 762 and I've got a little bit of startup cashed reserved. My question is how do I find the right deal, or where should I search to find those undervalued homes that're maybe 20% below what they're worth. Thanks in advance!

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Frank Geiger
  • Rental Property Investor
  • North Carolina
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Frank Geiger
  • Rental Property Investor
  • North Carolina
Replied

You may be able to find/negotiate deals off the MLS. If you want to find built in equity, it's usually off market deals that need some work. The VA will lend on these properties if it is livable so look for a house in decent condition that just needs some cosmetic rehab.

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