Updated almost 5 years ago on . Most recent reply
4 Plex in Colorado using VA loan
I am looking to purchase a 4 plex using my VA loan in Colorado. I would like to stay around Denver, Colorado Springs, Pueblo or at least within an hour of one of the cities. My plan is to buy two a year. I would like to connect with others that might be looking to sell their 4plexs to me and will take a VA financing.
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@Joseph A Gonzales I'd take a look on the marketplace here:
https://www.biggerpockets.com/...
I'd also surf around on Craigslist and Fbook marketplace to see what you can find. I would suggest being flexible on location and be willing to look closer to that hour away from the cities as your area is super competitive and the VA loan is not the most desirable to a seller. One way to combat that and strengthen your offer will be to write into your offer that you (the buyer) are willing to fix any deficiencies with the home that are flagged by the VA appraiser. Most of these items are going to be small nit picky things but it can help to level the playing field between your offer and the offer from a conventional loan. Good luck!!
- Dan Weber



