Im a CPT in the Army and located at a post where real estate is still booming for the most part. I read all of Deans books and am ready to get started but cant get past the few questinos below. Any help in answering these would be greatly appreciated!!
1. I scared about financing deals in the future. I can get a loan but I want to buy a number of properties for rental units. After time, I heard that lenders will not lend with high debt to income ratios? How do I get around this? I heard with LLCs this make work but wont my personal credit be affected using a new LLC?
2. As stated above, I want to invest in rentals but want to buy a personal home using my VA loan in the future. Will having a bunch of rentals effect this?
I guess Im just scared that I will get 2-3 investment properties and not be able to buy a home for my family in the future.
Any advise would be greatly appreciated!