Any strategy suggestions uskng a VA home loan to begin REI
Hello BP,
I'm eager to purchase a property using my VA home loan. I'm located in Pittsburgh, there are not many if any multi family properties in my price range OR in suitable conditions to withstand a VA appraisal. It must be my primary residence, so aside from buy and holding it seems my investing options are limited. I'm open minded in types of properties such as condos, multi, SFH. Thank you all in advance.
Most Popular Reply
@Aaron Starr They should count the rents from the other units towards your DTI to increase your budget. I'd just be patient and wait for a multi to pop up because you'll end up regretting not using it on one if you decide to go single fam on it. I'd use VA for multi and then go 5% down conventional for single fams after that if you want to continue the low down payment house hacking.
- Jeremy Taggart
