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Updated 3 days ago, 12/19/2024
MF House Hack w/ VA Loan
I am looking for strategies and or guidelines to follow when it comes to using a MF for house hacking. I'm currently looking at using a VA loan for purchasing a duplex to live in one side & rent the other.
However in this market, it seems like even after I move out & into another property, most of the duplexes I've looked at won't be positive cash flowing, or break even. Many variables seem to be the cause of this to include house price, property taxes, interest rates, etc.
I really want to utilize my VA loan for MF properties & live in one portion and rent the others. What are your suggestions & strategies for making it work, so that it isn't costing me money in the short term & long term???