Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply
VA Loan vs other loans
Hello everyone!!
Im a veteran and qualify for the VA loan. Im planning on looking for a duplex to house hack in the Twin Cities, MN, and I was wondering if I should even bother looking into other loans? Thank you for your time!!!!
Jeremiah
Most Popular Reply
Brian Garlington
- Realtor
- Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
- 2,389
- Votes |
- 2,350
- Posts
If you want to build a portfolio....consider an FHA Loan FIRST. Buy a duplex withe the FHA Loan....and then in a year move out of the duplex....and use your VA loan to househack again.
The FHA will NOT give you a loan if you already have another mortgage within 100 miles so that's why you want to use an FHA Loan first.