Updated about 2 hours ago on . Most recent reply
VA Loan House Hacking - HELP US
Hey BP community,
My husband and I are just getting started on building our investment portfolio, and we’d love some guidance from experienced investors. We’re planning to use our VA loan to house hack our first quadplex. We’ve been actively searching for about six months, but honestly, we’re starting to feel a bit lost in the process.
We’re pre-approved up to $820,000, and while our main goal is to make a smart long-term investment, we’re okay with breaking even (or even slightly negative) the first year if the numbers and growth potential make sense.
We care about a good investment and don't mind breaking even for the first year. We have found a property but after running the numbers and renting out three and living in one , we would still be out of pocket roughly $1200/m of the first year.