All Forum Posts by: Chris Pasternak

Hey guys! Ended up calling my bank that I hold my credit card/checking&savings accounts with and was pre-qualified through them with the VA loan! Whew! On to the search step!

Thanks for your help and suggestions!

Andy - thanks for your input. Those were my thoughts too. While I have tried only two different financers, it seems the part time job is what's hurting me because they don't "trust" me.

Will - thanks for the input. I like the idea of buying subject to. How exactly do you find these types of sellers? Is this something my realtor can find out? Or is this something discovered on a case by case basis?

Hello I am new to RE investing and have a financing question. I work part time hours -- usually 30-35 per week, while I'm going to school full-time. I was thinking of boosting my hours up to 40 to qualify for a traditional loan (VA loan in my case). However, I was interested in hearing any suggestions someone may have of ways to get financing for someone in my shoes.

I'm looking for multifamily properties under 70k. I have 60k in capital but do not want to use my own money (half of it is retirement money anyway), hence why I'm interested in using the VA loan (too good to pass up). I have zero debt. No car payment, no student loans, no mortgages, etc.

Any thoughts or comments much appreciated. Even if it's to tell me to wait until I finish school : ) ... I'll graduate next May.

Thanks in advance

Chris

Thanks all - I'm looking forward to connecting with you all and learning about RE through BP as I move forward. @Dawn, sorry, I'm not into wholesaling quite yet. @Paul, thanks for the heads up on HUD homes, and I'll have to look into the county tax repository sales -- never heard the term.

See you all around

Chris

Bonjour BP investors! I am a new investor with no properties to date. I'm pursuing the buy and hold strategy in the Pittsburgh, PA area. I've been interested in real estate since I first entered my community colleges' library when I was 18. I'm now 25 and ready to finally make my move. I'm a four year veteran of the USAF, current student, and hotel service-industry employee. I'm open to investing in multiple areas of this city, mainly looking for those slightly distressed properties in decent-good neighborhoods. I'm really excited about starting out and today alone have spent roughly 12 hours investing in my education including getting to chapter 4 in the BP beginner guide! I look forward to sharing my stories and reading about others on these forums. Anyone from Pittsburgh looking to chat real estate over coffee, let me know!

Bonne Nuit!

Chris