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Updated about 2 years ago on . Most recent reply

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7
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Richard Valdez
  • New to Real Estate
  • Grand Forks, ND
4
Votes |
7
Posts

Use VA now for single family or wait.

Richard Valdez
  • New to Real Estate
  • Grand Forks, ND
Posted

Hello everyone name's Richard. I'm currently renting and rent is being raised. My plan was finish my last 2 yrs of college then use my VA loan on a multi-family to house hack I have a wife and two daughters so don't want to house hack a single family. On the other hand I'll be on the area for 2yrs so was wondering if it's worth paying 150-200$ more for a single family home now with the VA rather then wait as mentioned above. Thoughts? Be brutality honest I can take it. Oh I'm also in Grand Forks ND Thank you

Most Popular Reply

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9,861
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5,557
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Eliott Elias
  • Investor
  • Austin, TX
5,557
Votes |
9,861
Posts
Eliott Elias
  • Investor
  • Austin, TX
Replied

Multifamily is your best route with VA loans, your monthly payments become so high it becomes impossible to cash flow with a single family.

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