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Updated almost 5 years ago on . Most recent reply

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8
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Cj Villanueva
3
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8
Posts

“Leveraging” VA loans,buying more w/ OPM

Cj Villanueva
Posted

Hello!

I recently bought half a house last year. 4 bed, 2 bath, with finished basement and garage. I utilized the VA loan. I am aware I can purchase another utilizing conventional/FHA.

When growing a portfolio, how does one obtain financing without breaking the bank? Putting down $10,000 just isn’t realistic right now. How are people obtaining all these properties within a year? Are they “leveraging” properties as collateral to obtain new properties? Thanks in advance! 

-Denver, Co 

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