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Updated 5 months ago on . Most recent reply
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House Hacking with VA Loan
Hello everyone!
I'm looking to use my VA Loan for the first time to purchase my first property. I currently live in Silicon Valley but house prices aren't feasible for me here. I'm looking into moving to Houston Texas so I can purchase a Fourplex or triplex and house hack by living in one of the units. I have the full property tax exemption in Texas for my VA disability, but I'm trying to get clarity on the property tax exemption. Does the exemption apply to multi-unit properties since I will be living in one of the units?
Are any veterans already doing this that might suggest elsewhere ?
Thank you all in advanced!
Most Popular Reply
![Carlos Rodriguez's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/361230/1694664405-avatar-carlos01.jpg?twic=v1/output=image/cover=128x128&v=2)
I've used the VA loan twice to purchase 2 duplexes that I've lived in. Getting 4 units for very little down was a great way to build my portfolio. I agree with Joey, that you'll want to get a lender with lots of VA loan experience. Just be patient with the process and know that some sellers may chose a non-VA buyer due to the lengthy underwriting process. I don't have a VA disability exemption, so I'm not sure how that part works.