All Forum Posts by: Ayanna McClintic
Ayanna McClintic has started 6 posts and replied 15 times.
@Joe Funari thanks for the tip!
Hey,
So I've done some research and I would be able to use my VA loan for 0% down payment with no PMI due to my disability percentage. I talked to a VA rep today and I told her that I'm interested in buying a MF unit property and although I would use it as my "primary residence" for tax purposes I actually travel alot for my job and would be gone most of the time. My question is should I use my VA loan to purchase a SF home first and received no ROI until I've "lived" there the allotted time and then rent it out, or should I buy a MF unit property duplex or triplex that is empty already and just not rent out one of the rooms since that will be my primary space? In my searches it has been hard to find a duplex that is unoccupied, which is a good thing but not if I want to use it as my primary residence at first.
Thanks for the advice everyone
@Charles Carillo
I actually don't have ties anywhere as I grew up all over the US. But that may be a good thing as I have friends in many states because of that. Thanks for the advice. I do have family in San Antonio TX, perhaps I can make that city my first purchase.
I am a brand new investor who moves every 3 months due to my job. My plan is to purchase 5 properties within the next year. I know in my readings alot of the advice speaks to learning your market and going to houses in your area. I do not have that luxury of getting to know my "home" area. I also am unable to use my VA home loan at first until I buy a property that is expected to be my primary residence.
Any advice on how to get started with my situation? I am interested in buying MF units starting off. I have even thought about purchasing through turn key such as roofstock to help with long distance investing. Thanks in advance!