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[Nathaniel Smith]

Hello I am a newly REI also a Vet, but no deals up under my belt. I want to get my first property which will be a multi-family home with a VA loan I've never sent now to see what I am eligible for benefit wise and loan wise with the VA. Any tips on how I should approach this?

[Samuel Dunlap]

Hi Nathaniel,

The COE can be obtained at ebenefits.va.gov. If you are already working with a lender, they usually can obtain one on your behalf, if you desire. I began investing with the VA Loan and it is without a doubt the greatest gift given to servicemembers, if used correctly. If your goal is to use it for investment purposes, it can expedite your efforts by years, especially in a high barrier to entry market. Eventually, you'll exhaust the entitlement, but if used right, you'll be sitting on multiple cash-flowing doors and some equity (not to mention a bit of REI clout) prior to coming to that point. Your foot is then in the door for bigger, non-VA deals.