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All Forum Posts by: Esteban Hermosillo

Esteban Hermosillo has started 3 posts and replied 13 times.

Post: VA loan MultiFamily properties.

Esteban HermosilloPosted
  • Seattle, WA
  • Posts 13
  • Votes 0

Hello @Jake Lemke

Absolutely any examples you may have would be appreciated. What is the best way to communicate with you?

Post: VA loan MultiFamily properties.

Esteban HermosilloPosted
  • Seattle, WA
  • Posts 13
  • Votes 0

Thanks @Ryan Evans

The real challenge now is to find a duplex in this competitive market in the greater Seattle area.

Post: VA loan MultiFamily properties.

Esteban HermosilloPosted
  • Seattle, WA
  • Posts 13
  • Votes 0

Good morning everyone,

I’d like to start off by saying I am new to this community and I appreciate everyone’s time. I am a veteran, 25 years old, living in Seattle, WA. I recently paid off all my debt and rent is my only expense.

My rent is $1705, water and sewage $60, electricity roughly $70 and I make about $110k a year. Undecided whether I should use my VA loan and purchase a duplex which is about $380,000 zero down and use the down payment money for repairs and upgrading each unit.

On the other hand I can remain renting in Seattle, save money and invest on multifamily property outside the state of Washington. States of interest Florida and Texas. Lastly, I thought about skipping smaller multifamily and going straight for commercial. This will require to be patient and saving money over a course of 3-5 years.