Local Real Estate Networking
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply
Investments in VA !!
I'm new and soon will be taking my Loan Officer test to get my license. But in the mean time I really wanted to get started in Real Estate in buying and renting or something. I was really thinking the BRRRR method would be great if anyone that is in VA or in a state that's similar to the pricing can give me a few tips to get started with little money down that would be awesome! Thanks!!
Most Popular Reply
Tremon, If you are looking to get started i would recommend doing a live in BRRRR. This will allow you to put little money down 3.5% if you use a FHA loan and then fix it up while you live in the property. After 6 months you can refinance the house (Assuming you have added sufficient value). In this market it is hard to find a deal like this. If it was me i would look to do a house hack with a FHA loan.