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Updated 12 months ago on . Most recent reply

User Stats

7
Posts
16
Votes
Caroline Knight
  • New to Real Estate
  • Illinois
16
Votes |
7
Posts

First Property - House Hacking Strategy

Caroline Knight
  • New to Real Estate
  • Illinois
Posted

Hey everyone!

I am moving to the Chicago area in June and want to use this opportunity to start my real estate investment journey! My plan is to buy a small multifamily property and househack. I am fortunate enough to have access to the VA loan and have a bit of reserves saved up for anything cosmetic needed or wanted before moving in and renting out any of the units but not enough for a substantial rehab. Has anyone else started out this way? Id love to hear anyone else's experience using a VA Loan for a small multifamily property (2-3 units) and any tips on what to avoid or make sure to do!

  • Caroline Knight
  • Most Popular Reply

    User Stats

    23
    Posts
    20
    Votes
    Ashwin Abichandani
    Pro Member
    • Real Estate Agent
    • Chicago
    20
    Votes |
    23
    Posts
    Ashwin Abichandani
    Pro Member
    • Real Estate Agent
    • Chicago
    Replied

    Thanks @Jonathan Klemm hello @Caroline Knight
    Yes with @Andrew Dorazio  we are team of Army veteran agents helping Military client to invest in Chicago. 
    We have started a meetup group for military investors and home buyers in Chicago to learn more about VA loan and connect with other military investors as well. Meetup Link

    Looking  to meet you soon in Chicago 
    Meetup Link

  • Ashwin Abichandani
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