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All Forum Posts by: Walter Skinner

Walter Skinner has started 1 posts and replied 2 times.

Post: Deciding on best route for investing

Walter SkinnerPosted
  • Virginia Beach
  • Posts 2
  • Votes 0
Lol that is very true!!!! Yeah I was leaning towards the not moving route and use linenof credit for down payment. Thank you

Post: Deciding on best route for investing

Walter SkinnerPosted
  • Virginia Beach
  • Posts 2
  • Votes 0

Good Morning everyone my name is Walter, Im new to the world of real estate investing. I have one property under my belt and in processing of finding a renter in California. I have currently moved to Virginia. I would like to get another property. The safest and easiest way I see is to use my VA loan to occupy a property for at least a year, fix up and put on the market. My issue is that I want stability for my family and my daughters school is only 2 min away and don't want to keep moving. I was thinking about going the HELOC route to use towards an investment property for the down payment. Just looking for any advice on the situation. Thank you for listening!