Using My VA Loan For Investment

Let me start this post by saying up front , I am new to Investing.

   I recently got an idea into my head , maybe I could use This wonderful tool called a VA Loan,for the purpose of investing. Its a mad idea I realize, but what the heck, its all about creative investing ideas anyway.

   Well, I did a quick research online and found I am not the  first person to entertain this Idea.

   Further checking unlocked quite a few people who wanted to use this approach , but were unsure how far they could go or what would be approved according to the VA.

   It appears from some answers found on other sites the VA will only approve a loan for Residential Properties,which include up to 4 units. So as long as the property is considered  Residential, and 4 units or less, you can use your VA Loan to get started.

   Keep in mind, some properties started out as Residential at some point and were later changed to Commercial( if you can prove to the lending  arm you use) that this Commercial Property was originally intended for  Residential Use, its is possible to purchase even a Commercial Property using your VA Loan.

   As Many of us already know, VA Loans is a loan which in most situations requires no down payment. If your low on cash and looking for a bootstrap way to get started, this just might be 1 way for you to hit that buy button.KEEP IN MIND , You'll still need closing costs and other items , and most cases , these will require up front  payments.

   Do your due diligence , make sure the numbers work, and good luck in your Real Estate Investments.