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All Forum Posts by: Jahmar Childs

Jahmar Childs has started 7 posts and replied 13 times.

So I recently purchased a "home" in Illinois, for me and my family with the VA loan, and I am renting it out until I finish my service which is 1 1/2 years in Salt Lake City, UT. By the end of the year I would like to have either my first flip, or my second buy and hold property under my belt. I have to advise, i do not have funds to support this but I will continue to gather and try anything within reason as necessary. I am just starting out I might add, but I am looking for any advice that would help me. any suggestions? Thank You BP

Post: Just Excitingly Starting Out...Help, Suggestions?

Jahmar ChildsPosted
  • Clinton, UT
  • Posts 13
  • Votes 0

Thank you all for the fast responses. I am currently renting out my home that I used my VA on. This was so my wife had a place to stay before she came up here to me. Closer to family and hometown. We plan on going back to the home once my time here is up. Again the house is in Illinois and I'm stationed in Salt Lake City. I know stuck in a hard place. But I refuse to give up before I'm started.

Post: Just Excitingly Starting Out...Help, Suggestions?

Jahmar ChildsPosted
  • Clinton, UT
  • Posts 13
  • Votes 0

Hello BP,

My name is Jahmar Childs, and I am anxious to start real estate investing. I am 25 years old, I have a beautiful wife and a amazing child on the way. My goals for real estate is to be able to provide my family with a little more than comfortable lifestyle without worrying about money at all. I am active duty military in Salt Lake City for 2 more years but my place of residence is Lindenhurst, Illinois (40 mins from Chicago). I have recently purchased a home in Lindenhurst, not for investing but under circumstances this might be a good way to start gaining some experience. I would like to buy a units in the Salt Lake City area and when I get home (Chicagoland) buy more. Ultimately I would like to start in 6 months to a year. Giving me time to get my credit it order, network, find deals and hard lenders. I'm very pumped about this but just don't have any money to put down on another house now. I want to get in multi family units and buy, hold and trade up. Eventually I will want to also flip houses in between finding the deals for the buy and hold properties. Does anyone have any advise. I want to keep this motivation going. Thank you all again.

Very Respectfully,

Jahmar D. Childs