All Forum Posts by: Kole Moore

@Nathan Smith I'm currently about half way through getting my civil engineering degree and from what I have heard from other Civil Engineers, it is worth it. Now I'm not sure if this is the case for all other majors. But having a good paying job definitely will help your investment portfolio, that's why I am going to college so I can have a good paying job to help me start my portfolio, on top of that I am a reservist and I have no loans and will get the va loan. You can do both. Go to college, without debt, and get an VA loan.

@Trevor Haney thanks for the clarification also. Wow that is crazy to think there is basically no limit, sounds like a nice tool. Although why would a property that much have trouble cash flowing? I thought it would only have a greater cash flow. As some said above to big or go home is why I ask.

@Chad Lanting that makes sense, thanks for clearing that up. I want to house hack because I don’t have a house yet. Thank you.

@Trevor Haney Thanks for the response. Have you ran into a instance where the VA loan limited you? Is there any reason for a seller to not accept the VA loan? Also what is the difference from house hacking and turnkey? I thought I could house hack(live in the property and rent out the open rooms or unit) in a turnkey investment.

@Andy Eakes That does sound awesome and thank you! I knew I could use my VA loan more than once I just wasn't exactly too sure how it works. Thank you, every day I learn more about the VA loan beast. Do you happen to know the turn around rate? How long do I have to live at a investment before I can refinance and buy the next with the VA loan?

@Anna Swartz-Lopez I see, that makes sense. Thank you for the response. 

@Brian G. I was going to house hack a turnkey duplex, isn't that the same as normal house hacking? Thank you. 

@Whitney Hutten thanks for the advice, always appreciate all knowledge.

@Ryan Howell My goals are to build passive income, and escape the rat race. Thanks for the advice, I agree. I want to start with a 2-4 unit and work up to a BRRRR.

@Greg Dorn Thank you. I did not know that Greg, I was trying to get a hold of a lender to pick their brain about what limits I have with a VA loan but that answers my question. I was set on Duplex until I got advice from others saying go big, but I might stick with a duplex to be safe. That's a great story, do you plan to continue to use your VA loan to buy more investments?