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Updated about 4 years ago,
“Leveraging” VA loans,buying more w/ OPM
Hello!
I recently bought half a house last year. 4 bed, 2 bath, with finished basement and garage. I utilized the VA loan. I am aware I can purchase another utilizing conventional/FHA.
When growing a portfolio, how does one obtain financing without breaking the bank? Putting down $10,000 just isn’t realistic right now. How are people obtaining all these properties within a year? Are they “leveraging” properties as collateral to obtain new properties? Thanks in advance!
-Denver, Co