Updated about 8 years ago on . Most recent reply
Just starting out - Joliet IL
Navy veteran trying to one day quit my job. I live in Crest Hill IL just outside Joliet or about 45 mins drive to Chicago. I've worked for the VA for about 10 years.
I used my VA loan about 7 years back to buy a single family 30 year fixed @ 4.0% for 140k. I also used a grant that paid 40k. I now owe 90 and it's showing up on zillow as possibly being appraised for about 200k.
I am very interested in buying 4 plexes on my dream path to FI. I'm not so sure how to start so I came here to BP.
My main issue is should I be looking at a HELOC or try my VA benefits again?
Most Popular Reply
hey welcome to BP I’m not knowledgeable on va loans. All I remember hearing is u can only get one at a time. I agree with you heloc sounds really good right now with the prices up so high. I live in Melrose Park but am relocating back to joliet as soon as I finish this rehab.