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Updated over 4 years ago on . Most recent reply

Jose Jimenez's profile image
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Jose Jimenez
  • Member since Mar 5, 2020
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Jose Jimenez's profile image
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Jose Jimenez
  • Member since Mar 5, 2020
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Jose Jimenez
2
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6
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Private Lending & Conventional Mortgage Advice

House Hacking with VA Loan

Jose Jimenez
Posted

Good day everyone! I am currently planning on buying a second primarily house using a VA Loan this time. I want to buy a house that's bigger than what I need to rent out the extra rooms. Can you please share pros and cons with using a VA Loan for this purpose if you have any experience? Please share how it turned out or some peculiar things I need to watch out for in your opinion.

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David Pere's profile image
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David Pere
  • Rental Property Investor
  • from Springfield, MO
  • Member since Sep 4, 2016
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David Pere's profile image
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David Pere
  • Rental Property Investor
  • from Springfield, MO
  • Member since Sep 4, 2016
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David Pere
  • Rental Property Investor
  • Springfield, MO
890
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1,091
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David Pere
  • Rental Property Investor
  • Springfield, MO
Replied

@Jose Jimenez I'm not sure there are many downsides, other than dealing with roommates. I'm renting two bedrooms out of my 4/3 residence right now. One is a long-term roommate, and one is a short-term rental. It has been good for me!

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