VA loan for House Hack in Houston

[Scott Diller]

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!

[Wale Lawal]

@Scott Diller

I love your approach and energy. Yes, house hacking is a very great and creative strategy for all investors (not only new investors). I actually live in Spring, TX and my house is only 7mins to the IAH-George Bush airport.

I have an 8-Units project coming up in Liberty TX in January and it will be a great learning experience for you on your days off. 

I completed agree with your creative strategy and it shows how much reading and BP content you have consumed.

As a Realtor and Investor myself, I can help you acquired the house. Let's send me a DM if you will like to discuss further.

Goodluck and Happy Holidays!