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Updated 4 months ago on . Most recent reply

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VA loan experts

Posted

Hello everyone. 

My name is Richmiel and I am new to BP. I am a veteran in the West Georgia area and looking to use my VA loan to purchase my second property. However, I am interested in a multi-family (duplex,triplex,quadraplex). Just looking for expert advice on how to go about it and the best option for us.

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Gregory Schwartz
  • Rental Property Investor
  • College Station, TX
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Gregory Schwartz
  • Rental Property Investor
  • College Station, TX
Replied

Amazing idea. A few thoughts 

- This will be a house hack correct? Of course, you have to owner occupy the property if you plan on using VA loan

- I assume you used a VA loan on your first home? Have you determined what entitlement you have remaining? This would be a good time to start to build your team.

- Find a Realtor with experience in VA loans then have him/her recommend a great lender. They will help with the entitlements part of this process.

- Get pre-approved early in the process so you know how much you have to work with. 

GOOD LUCK

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Schwartz Realty Group
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