New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago,
VA loan for House Hack in Houston
Hello Everybody! First time posting here. I have been reading tons of Bigger Pockets and other RE books the last few months and am ready to start investing. I am a regional pilot in Houston out of IAH-George Bush airport. I have never owned a home before and am currently not renting either as I have been saving money on rent and traveling the past year. I am a veteran and plan to use my VA loan to purchase a nice house in Houston, possibly near downtown, with no money down. I already have a few coworkers interested in living with me when I buy my house. I am thinking 3-4 bedrooms with a garage. I might live in the garage myself to free up an extra bedroom to rent out since I won't be at the house a lot anyways. I also might make one bedroom a crash pad with 2 bunkbeds for pilot commuters to make extra money on that room.
I am single and capable of moving whenever I want. I am hoping to live in my first house for the minimum required time period and then buy a second house using the FHA loan and house hacking a second time.
If anybody has any advice on any of this, or just for new investors in general, I am all ears! Would also love to start networking with other investors in Houston. If anybody needs an intern, I work hard and learn quickly. I would be glad to come help you out on my days off!