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Updated almost 10 years ago,
Financing House Hacking
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 ????