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All Forum Posts by: Austin Damon

Austin Damon has started 1 posts and replied 2 times.

Post: Starting out in Ohio

Austin Damon
Posted
  • Investor
  • Columbus, OH
  • Posts 2
  • Votes 10
Quote from @Brandon Goldsmith:

Do you currently live in Columbus or Cincinnati? Or are just open to moving for house hacking purposes? @Austin Damon


 I currently live in Honolulu and will be moving to one of those areas to house hack around November 24. 

Post: Starting out in Ohio

Austin Damon
Posted
  • Investor
  • Columbus, OH
  • Posts 2
  • Votes 10

Hello all,

I have finished my third book and well into the forth on investing. Right now I am passively looking at properties, not yet ready to make any offers and polishing my deal evaluating skills. I am looking to start my journey anywhere from Cincinnati to Columbus, OH

My plan: I plan on purchasing a 3-4 unit property and house hacking one of those units for about 12-18 months. I am absolutely open to BRRRR this property, it does not have to be turnkey. I have access to the VA loan. Something that makes my situation a bit more difficult is that I have a job in Hawaii (6 hour time difference from EST. right now). The job in Hawaii terminates in December of 2024, so to meet the <60 day requirement for VA loans, I need to close around September-November. I plan on using the VA loan first, then within the 12-18 months move and acquire another property. Rinse and repeat. I am open to foreclosures. I have not yet built my team, but I am ready to get started.

- Pre-approved to $450,000 (knowing I am eligible for more)

-Saving $3000/month

-60K in reserves and for BRRRR'n

What I’m looking for: evaluation of my plan to get started, advice on particular neighborhoods to look at in my desired zone, people to network with and develop a relationship with.

If you’re ready to get connected, please let me know.