All Forum Posts by: Joe Cayse

Thanks for the advice. I'm a bit aprehensive to try and get a property while I'm overseas. I won't be getting back to the US until a month before I leave active duty, but I don't want my first deal to be done through a proxy (family back home). Any of you have experience doing something like that?

@Bill P. thanks for the tip! Jesse you'll be in my shoes soon enough, lol.  

IMO Jesse I'd go with the lowest amount down possible so you can essentially let your tenants put equity into your house for you. Then you have more capital freed up for other investment properties. I'm not sure what VA loans are like on multi-family properties. Maybe some folks can share some experience with that process.

Hi, BP. I will be getting out of the Marines in about 6 months, and I want to get into REI through flipping and reinvesting profits into SFRs. I have a BS degree and experience in electronics, so I can find a job if necessary, but I want to make REI my full time work. This obviously has implications when trying to get approved for a loan if I don't have a job or if I just started one.

What kind of creative methods have any of you used in a similar situation? Maybe a Co-signer? At this point I think the best course of action is to find a job for income while I get started and eventually quit when I can show success in fix and flip deals. What does BP think?

@Lawrence Walker and @Jason Gilliam it's great to meet you both on here. I'll be moving back to Madison in about 6 months. Looking forward to learning about the market from you both. 

@Account Closed thank you! This community definitely has a lot to offer, and I'm excited to take in all I can in order to make educated and calculated decisions, which will definitely ease my mind when I go from planning to action! 

 Sounds good, much appreciated! 

I forgot to mention, I will be moving back to Huntsville, Alabama and am interested in the markets in northern Alabama and southern Tennessee.  

Hello, Biggerpockets! My name is Joe, and I'm currently finishing up my last year in the US Marines here in Beijing, China. After spending six years in the Corps, I've come to the conclusion that I'm tired of working for other people, and definitely do not want to be working a 9-5 for the rest of my life. 

Since I've made up my mind on reaching financial freedom, I've been reading about entreprenuership and real estate non-stop. I'm here to learn, learn, and learn some more until I put some skin in the game and get the ball rolling. I know it's not a get rich quick scheme, and I'm no stranger to working hard and studying hard. 

Cheers, everyone. I'm looking forward to learning from all of you.