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Updated about 5 years ago on . Most recent reply

User Stats

6
Posts
1
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Derrich Phillips
  • Real Estate Agent
  • Dallas, TX
1
Votes |
6
Posts

Leveraging VA loan

Derrich Phillips
  • Real Estate Agent
  • Dallas, TX
Posted

Hi BP,

I'm torn between using the VA loan ($0 down) to purchase a multi-family or a single-family home in Dallas. I am new to REI. My long term goals are to buy and hold. I've read several posts regarding the pros and cons of buying and living in multi-family homes. The idea of living in one of the units and renting out the other units seems to be the best option to fully leverage the VA loan. Does anyone have experience using the VA loan to purchase multi-family homes in the DFW area? I welcome advice and input from anyone willing to help. Thanks

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