How can my VA loan help me get started?

[Rodarius Lewis]

Hi, im currently Active Duty navy. I get out in 3 years but im using this time to become great at real estate investing.

I was recently told using my VA loan is bitter sweet! I'm trying to figure out the "How" in that scenario. My plan was to buy our home and refinance it to invest in a second property. What's your thoughts on that?

Also what things can I do now to better prepare for the "hands on" part of real estate investing?

[Al Diaz]

#1 - Thank you for your service! 

#2 - While using a VA Loan is a great tool for those who qualify, it comes with it's fair share of strict restrictions/guidelines that can make an offer less favorable to a seller. Seller's often have to jump through hoops to get the buyer's mortgage approved (I'm speaking from experience here as I recently sold my home to a buyer using a VA loan). There could be restrictions on timing of refinancing, so I would look into that as well.