Just starting out - Joliet IL

[Eric Walker]

Navy veteran trying to one day quit my job. I live in Crest Hill IL just outside Joliet or about 45 mins drive to Chicago. I've worked for the VA for about 10 years.

I used my VA loan about 7 years back to buy a single family 30 year fixed @ 4.0% for 140k. I also used a grant that paid 40k. I now owe 90 and it's showing up on zillow as possibly being appraised for about 200k.

I am very interested in buying 4 plexes on my dream path to FI.  I'm not so sure how to start so I came here to BP.

My main issue is should I be looking at a HELOC or try my VA benefits again?

[Mateo Carrera]

hey welcome to BP I’m not knowledgeable on va loans. All I remember hearing is u can only get one at a time.  I agree with you heloc sounds really good right now with the prices up so high.  I live in Melrose Park but am relocating back to joliet as soon as I finish this rehab.