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Updated almost 5 years ago on . Most recent reply
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Investing with Va Loan multi family
I’m 26 years old. I’m a veteran trying to get started in real estate investing. I do make okay money. I’m a electrician in SF. I want to buy a multi family in East Bay within the next year and a half. With the VALoan, I have 0% down but I have been saving for earnest money, closing costs,& down payment. Just want some help with some Sound advice for a young man.
with 0 down , do you think renting out the other units would be wise . What’s that best decision in my position .Is this a good choice , if not tell me why please
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With the VA loan, you can buy up to a 4 plex with 0% down as long as you intend to live in one of the units as your primary residence. That is a great way to get started in the real estate investing game. Are you self-employed or W2??
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