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Updated almost 10 years ago on . Most recent reply

User Stats

37
Posts
12
Votes
April Littleton
  • New to Real Estate
  • Dayton, OH
12
Votes |
37
Posts

Financing House Hacking

April Littleton
  • New to Real Estate
  • Dayton, OH
Posted

Hi I am new to real estate investing and wanted to know how to go about a couple things when house hacking. 

1. Do I need set up a business first (i.e. LLC)?

2. My dad is retired military so he qualifies for a VA loan. How would I go about using his loan to finance a multi-unit? Would he have to be the home owner and responsible to live in one of the units?

3. How do I incorporate renovations into the budget? Should I renovate one unit at a time then post to rent or wait til all units are ready? 

Thank in advance for all the advice it truly means a lot to me ????

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