Investing advice using a VA loan. Is it the best route to go?

[Tanner McKinley]

Hello! This is my first post so any information would be great. My name is Tanner and I recently got out of active duty in November of last year. I moved from Tucson, AZ renting out that house now that I purchased a few years back. I work overseas currently and looking to invest into quadplex's currently. I have spent quite a bit researching, listening to podcasts and trying to contact people that already invest currently but have seen not that much about using a VA loan for investments! I have about 20k saved up so far have a current loan out on one house and am looking to make some passive income. One of my goals is to make $1000 min from a property by the second beginning of the second quarter 2021. Does anyone here have experience using a VA loan to invest? Is it the best option? Also how does everyone feel in the current status we are in with the pandemic? Is now not the time to invest due to uncertainty with lockdowns?

Thanks for taking the time to read/respond,

Tanner

[Kao Saeteurn]

@Brian Mello

You can definitely purchase a 4-plex using the VA loan. The VA loan requires that you live in it as your primary home and you can use it for property up to 4 units. This is direct from the va.gov site for VA loans.