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| *The Commerce Journal>>>Renting & Real Estate |
I am really interested into buying a multi-family property. How do I get started? |
I have a few issues however. One I am in the Navy and always deploying and would like to do 20 years. I am needing this to add to my retirement. Is there a company that can locate and manage property for me? I am 28 and feel with the market the way it is now it is perfect time to get started. I just don't want to wait any longer. I would like to have a few properties in the next 15 years for when I retire. Is this possible in the Navy? Any help or guidance would be greatly welcome. I think the best way, seriously, is to read a few books. You need to know the nuts-and-bolts about the business, which ain't for the faint-hearted or those who are afraid of hard work. u can easily buy homes on the internet Look for 1-4 unit properties, with a VA loan, an eligible veteran can purchase up to a four-unit building. Two veterans (both living in the building) can go up to a six-unit building. VA loans are only for owner-occupied dwellings so you have to live in one of the units, (not forever) and since you are deployed it still counts as your primary residence. |
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