Veteran - House Hack a 3/4-plex then long term rent - strategies

[Austin Cox]

Hello!  I have a couple buckets of questions in regards to house hacking multi-family units that I would love some advice on:

1. The VA loan is a great benefit but comes with described refinancing restrictions. Namely, the restoration of entitlement in regards to keeping units in your portfolio for little initial money down into deals. Does anyone know the legalities around this description, or can connect me with someone knowledgeable on this topic? I have perused these forums but find mixed or non-specific answers.

2. Similarly, I'd love to learn more about ways people have gone from House Hacking with little money down into long term rental ownership. How were you able to creatively finance residential multifamily in your portfolio for the long term? Did you pursue any sort of transfer/sale/other strategy into a LLC/trust/etc. ?

I'm casting the net broader here before dialing into a specific area - so please don't hesitate regardless of where you have knowledge on any of the above! 

Thanks!