VA Loan, House Hacking, and Market Strategy

[Karinne Ovalles]

Hi everyone,

I’m currently looking to purchase an investment property using my VA loan and exploring a house hacking strategy. My dilemma is that I live in a very expensive market, and it’s been tough to find a property that offers good value and allows for positive cash flow.

Here’s where I could use your advice:

• Do I keep searching locally in my backyard (where my W2 job is, and where living in the property would allow me to use the VA loan for house hacking)?
• Or, should I broaden my search to out-of-state markets and consider a different investment strategy altogether?

I want to make the smartest long-term decision and would love to hear from those who have navigated similar situations with the VA loan, house hacking, or investing in high-cost vs. out-of-state markets.

Thanks in advance for sharing your insights and experiences!