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Updated almost 5 years ago on . Most recent reply

Alberto Marin's profile image
Alberto Marin's profile image
Alberto Marin
  • from San Diego, CA
  • Member since Aug 9, 2018
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Alberto Marin's profile image
Alberto Marin's profile image
Alberto Marin
  • from San Diego, CA
  • Member since Aug 9, 2018
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Alberto Marin
  • San Diego, CA
3
Votes |
12
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Buying & Selling Real Estate

VA loan multi-family

Alberto Marin
  • San Diego, CA
Posted

Has anyone used the VA loan to purchase a mulit-fam? There's a lot of misleading stuff online regarding guidelines to the loan. Any input would be great!

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Erwin Miciano's profile image
Erwin Miciano's profile image
Erwin Miciano
  • Investor
  • from San Diego
  • Member since Aug 10, 2019
  • Posts 45
  • Votes 31
  • Experience 8 Yrs
  • Investments 1
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Erwin Miciano's profile image
Erwin Miciano's profile image
Erwin Miciano
  • Investor
  • from San Diego
  • Member since Aug 10, 2019
  • Posts 45
  • Votes 31
  • Experience 8 Yrs
  • Investments 1
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Erwin Miciano
  • Investor
  • San Diego
31
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45
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Erwin Miciano
  • Investor
  • San Diego
Replied

Closing today on a triplex near North Park with VA.

Take advantage of the no down payment on the first time use, recently changed in Jan. It will allow you to borrow higher than FHA County Loan Limits without having to pay 25% down on the amount over limits. As long as the numbers work, you can get your foot into a lot of great multifamily deals.

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