Buying first multi-family property with VA loan

[Jerniel Diaz]

Hello BP members!

My brother qualifies for the coveted VA loan and we've learned that he can purchase up to a 4-plex as long as he occupies one of the units for 6 months. Does anyone have any experience with this, and is this really his best option to get started, with our goal being cashflow friendly?

We are also having difficulty finding good deals.  We've been searching on Trulia, Zillow and Loopnet.  But does anyone have any contacts they can refer to investors just getting started?    Thank you so much.

[Chris Mason]

Originally posted by @Jerniel Diaz:

Hello BP members!

My brother qualifies for the coveted VA loan and we've learned that he can purchase up to a 4-plex as long as he occupies one of the units for 6 months. Does anyone have any experience with this, and is this really his best option to get started, with our goal being cashflow friendly?

We are also having difficulty finding good deals.  We've been searching on Trulia, Zillow and Loopnet.  But does anyone have any contacts they can refer to investors just getting started?    Thank you so much.

 Here's a VA 2-4 unit braindump I did like a year ago that might be helpful. Good luck!