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Updated over 7 years ago,

User Stats

9
Posts
3
Votes
Isreal Price
  • Real Estate Agent
  • Laurel, MD
3
Votes |
9
Posts

Veteran New to Bigger Pockets- Ways to use VA Laon

Isreal Price
  • Real Estate Agent
  • Laurel, MD
Posted

Hi, I 'm a newbie, live in Maryland and looking to use my VA loan to purchase a Multi-Family to house hack and possibly use the BRRRR method . I work for the post office so my salary is ok but could definitely use a bump and my credit score is "ehhh" ( other words not that great).

Having the Va loan gives me access to no down payment, low to no closing costs and no PMI, which is a huge plus but my credit score and salary for a lack of better words "suck", so I wanted to know if anyone has used the benefits of the Va loan to partner with someone who "resume" might be better ? Or if there is any creative ways to leverage no down payment when trying to invest in a multi-family property and personally not in the best position.

Thanks for any feedback. I love bigger pockets and listen to the podcasts almost daily. I  used  to be an agent and I have learned more here than I ever did in a real estate class. I am a firm believer in sharing information and the community that has been built here is great!

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