
Rental Property Investor
Been in real estate sales part time for about 8 years. Also an FTE in financial services technology. Looking to accelerate retirement from full time I/T management career. Target is 2030. Stretch goal is 2026 when youngest graduates from college. I Currently only have one income generating rental. I assumed the VA loan 12 mos in when the owner’s situation changed and he couldn’t sell it. Positive income. I Recently got an offer on my permanent residence. Off market deal. Someone cold called me. Looking to make that equity start working for me. I have tons of questions. Next moves after we close on house: 1. House hack - with interest rates as low as they are, we want to use my VA loan to get in to a 3/2 rental grade and live there for 6 mos to a year. We’ll take our time finding next homestead. 2. Learn how to market for off market deals and close on them fast when equity from recent home sale. Also want to keep that equity liquid. 3. Determine how to use cash equity from home sale and maximize ROI. 4. Satisfy owner occupancy requirements from house hack and do it again until VA benefits are exhausted. 5. Determine how to scale. 6. Look for flipping opportunities. I have many questions about financing, valuations, MARKETING, etc. I welcome any mentoring.
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