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Updated over 8 years ago on . Most recent reply

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6
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Logan Wray
  • Fort Worth TX
0
Votes |
6
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Get my va home loan back or not

Logan Wray
  • Fort Worth TX
Posted

Hello all ! My name is Logan Wray and I have some what of a  dilemma. I am brand new to real estate investing but I think I am ready to tackle my first deal. I have questions on how should finance it. My current home was purchased using the no money down va home loan. I'm wanting to make another purchase in the near future preferably a multi family unit, but I don't know if I should just save up for the 20% down payment on a new property or refinance my current home with a traditional 30yr note and then once again use my va home loan for the new property? Feed back would be greatly appreciated.

Ps. I would like to rent out my current single family home and "house hack" the newly acquired property.

Logan 

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