Updated almost 13 years ago on . Most recent reply
What do you think of va loan . . . no downpayment
In 3 years i will be out of the army and i will investing in multifamily homes. I willbe eligible for no downpayment loan, however at the same time i will have 30,0000 that i could use for a downpayment . I feel that the 30,000 could be better spent on renovations and repairs to increase the buildings value.
With the va loan i must have 1 veteran tenant (myself ) and 4 units max.
What do you think ? Va loan to be used for this investment or would you pick a conventional loan?
Sorry for the grammar ! My tablet autospell is ridiculous