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Updated almost 5 years ago on . Most recent reply

User Stats

11
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2
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Orlo Daniel Bartholomew
  • Rental Property Investor
  • Norfolk, VA
2
Votes |
11
Posts

Va Loan down payment or...

Orlo Daniel Bartholomew
  • Rental Property Investor
  • Norfolk, VA
Posted

So I am a 30% disabled vet who has yet to use the VA home Loan program. I am aware of the many benefits that the VA loan offers. My question is would you recommend buying a househack zero down and keeping the 30k you have set aside for a 2nd Investment property down the road? Thanks for your time!

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1,091
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890
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David Pere
  • Rental Property Investor
  • Springfield, MO
890
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1,091
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David Pere
  • Rental Property Investor
  • Springfield, MO
Replied

@Orlo Daniel Bartholomew the VA loan is an incredible loan product, and the VA House Hack is even better.

You may benefit from putting alittle down to buy down the interest rate, but it usually isn't a great ROI. I'm a fan of using 0% down and holding the rest as cash reserves and savings toward your next investment personally.

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