Multi family or Single family with VA loan?

[Nicholas Halterman]

Hi all. I'm looking to become an investor in the KC area and I was curious if I should pull the trigger on a multi family or single family home with the VA loan? The problem with multi family is that the inventory is VERY low and not a ton of great locations. I was thinking about buying a single family home, renovating it, and then rent it out a year later when I move out. The thing is, is this normal? Buying a house a year? I'm a 25M and looking to start soon.

Any insight would be appreciated thank you! 

[Jonathan Greene]

Taking action is not buying. You should not feel compelled to buy, but I agree that you should take action. Taking action for you right now, because it doesn't seem like you know much, is going to real estate investor meetups, reading books, listening to podcasts, and asking a lot of questions while building relationships with other investors.

A VA house hack is overall a better option, but comes with more overhead. You could room hack a single-family in a similar way, but what is your goal? Inventory is low everywhere, that should not change what you buy. If you've never renovated anything, it's silly to think you can just buy a home, flip it, and do well in this environment.