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All Forum Posts by: Dantuna Pernell

Dantuna Pernell has started 3 posts and replied 16 times.

Post: Just Some advice on what you think my best course of action.

Dantuna PernellPosted
  • California, MD
  • Posts 16
  • Votes 2
Thank you very much. Yea it’s hard to do it remotely seems like since I’m new at it all I still need to see properties and know if the deal is good or not. I do practice on the BP calculators often when I do come across a deal. Thank you again for the encouraging words.

Post: Just Some advice on what you think my best course of action.

Dantuna PernellPosted
  • California, MD
  • Posts 16
  • Votes 2
Thank you for the advice. I’ll keep learning and find me a mentor.

Post: Just Some advice on what you think my best course of action.

Dantuna PernellPosted
  • California, MD
  • Posts 16
  • Votes 2

Would love some input. First off, I'm very interested in real estate. Don't won't to call myself a newbie investor since I haven't invested at all yet. So, I'm overseas working in Saudi for about another 7-8 months. By the time, I come home I should have around 60-70k saved up. From what I keep reading is how the market is a tight market now and a correction is coming soon. My niche I'm very interested I, is multifamily. I also see that it can be a high entry fee to get into. I don't own a house and I'm also a Veterans so I have my VA loan still available. My questions I have, 1. Should I Just continue learning, networking, latching on to an investor/ mentor and continue to just build my capital up and wait for the market to correct itself or 2 start out with either a FHA or VA loan and find a Small multifamily to get myself in the game. All input is welcome. Also, haven't really found a market yet I live in MD but don't really see much potential there so thinking of out of state investing at some point. Thank you all.

Post: Newbie just trying to get some insight.

Dantuna PernellPosted
  • California, MD
  • Posts 16
  • Votes 2

@Ali Boone Thank you very much for you reply and for some insight.  Time difference here in the Middle East way off from the States.  Im very interested in cash flow mostly for a few years then maybe once I get some net worth and can eventually leave my job I would look into other revenue streams. I would love to chat some times and see how you would choose to do things in my shoes. Thanks again and look forward to chatting sometime.

Post: Newbie just trying to get some insight.

Dantuna PernellPosted
  • California, MD
  • Posts 16
  • Votes 2

Hi, I'm a new in the REI field. I have not bought my first home yet. It seems to be so overwhelming at this time. I overseas working at the moment and just learning and educating myself as much as I can with books and podcast and so forth. I'm interested in holding rental properties. My goal is one day to hold enough units that bring in enough cash I can leave my full time job and become 100% REI. So the question I have what would be my best course of action buying my first property. By the time I come home I shall have between 50-70k of capital to purchase my first property. So far the research in my area I have concluded that most properties seem to be very high. I live in Southern Maryland zip 20619. I haven't really found any great reads on how to find and pick out a great deal. So if you have any input it would help me go a long way. By the way I'm a vet and I also have the VA as well if that matter at all. Thanks again for reading my post.

Post: Newbie here trying to make my first purchase

Dantuna PernellPosted
  • California, MD
  • Posts 16
  • Votes 2
Hi, I'm a new in the REI field. I have not bought my first home yet. It seems to be so overwhelming at this time. I oversees working at the moment and just learning and educating myself as much as I can with books and podcast and so forth. I'm interested in holding rental properties. My goal is one day to hold enough units that bring in enough cash I can leave my full time job and become 100% REI. So the question I have what would be my best course of action buying my first property. By the time I come home I shall have between 50-70k of capital to purchase my first property. So far the research in my area I have concluded that most properties seem to be very high. I live in Southern Maryland zip 20619. I haven't really found any great reads on how to find and pick out a great deal. So if you have any input it would help me go a long way. By the way I'm a vet and I also have the VA as well if that matter at all. Thanks again for reading my post.