VA loan and ready to buy

[Skye Penland]

Hey! 

I am looking to purchase a new primary multifamily 4. The description pretty much sums it up. I have my VA loan reinstated and am ready to purchase. I am a Nurse so establishing a new "primary" home for the VA loan isn't a problem. So where should I go to make the most for my buck? The best return? I know this is a vague question that will probably get vague responses but I am asking anyway.

Thanks! 

[Ryan Kelly]

@Skye Penland First of all, thank you for your service! VA loans are great tools for helping buyers purchase with little or no money down. The challenge, as you know, is when you don't put any money down you also have a large mortgage with higher monthly payments. This can crimp or eliminate your cash flow in many markets. I would look at metro areas with lower costs of living that have proven stronger cash flow currently. This will help you buy a property that can cash flow day one. Austin will not likely be that market, but some other Texas cities like Temple, Killeen (Ft. Hood), San Antonio (near the bases), Corpus Christi and others could offer some options. Best of luck!