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General Landlording & Rental Properties

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Michael Burke
  • IT Manager
  • Hope Mills, NC
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" 8 Plex in my town."

Michael Burke
  • IT Manager
  • Hope Mills, NC
Posted Oct 9 2015, 05:06

Hello everyone, I am currently in the process of purchasing my first investment property (clap clap) its a four plex that runs me around 249,000, well thats the asking price. But along the way I ran across the 8 plex its a 1bd 1 ba. For a price roughly 240,000 as well. 

The questions that I have is which do you think would be the better deal. I can not use my VA loan for the 8 plex, because its commercial. So i am wondering of any ways I would be able to invest in both. Rather i say apply for two loans at the same time?

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