All Forum Posts by: William Basel

Just a follow up.

I have decided to go with the 0 down VA Loan on a 4 plex type property.

Would it we wise to look for a property at the top of my pre approval amount?

If my plan is to live in one rent the other units for the 1st year

I have a good contingency fund.

@Joe G. 

I never thought about refinancing a VA after building equity.

thanks

Your goal is my goal. Buy and hold to fund early retirement. 11 years to go.

thanks for your post

Thanks,

the return  on investment for the cash is .025 (savings account).

I have no real need for the $$$ as in no upcoming expenses.

I am thinking 0% VA multi family, living in one unit being the PM forth other units.

Then using the $$$ for a down on another property.

Location will be needs of the Army, hopping Ft. Lewis,or Ft. Carson

anyone?

I am in the military. I have 1 home breaking even rented in NC, with 60,000 equity. I am living in a flip that I bought for 40,000 + another 35,000 in rehabilitation, that apraised for 138,000. I used cash for the purchase and rehab, then did a cash out refinance of 100k. I will move this year and rent out my current home.

my questing is should i use some of my 100k to pay 25%+ down or use a 0% VA lone to buy a 3-4 plex at my next duty station?