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Updated about 8 years ago,

User Stats

265
Posts
59
Votes
Eric DeVito
  • Staten Island, NY
59
Votes |
265
Posts

When using a VA Loan, how much should I put down?

Eric DeVito
  • Staten Island, NY
Posted
Hello all! Basically I purchased a SFH for $250,000 here in Staten Island, NY. I put $50,000 down and then another $30,000 in renovations . I haves lived in this property for 14 months now and I just got it appraised last night. The realtor and I both agree we should list at $449,000. Now if all goes well and I at least get $400,000 how much money down should I put using the VA Loan again on next property. I'm looking to get a multi family (2-family). Which will probably need repairs as well for the price range I am looking at. Just trying to get ideas how to best use my money or invest it wisely.

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