My dad and I (both with access to VA loans) are about to get into the multifam game and how we proceed is really going to depend on the true occupancy rules for the VA and our lender.

Anyone out there feeling this?

Quote from @Chris Seveney: Quote from @Chris Seveney:Yes if too good to be true it probably is.

If you think doing business with us is "too good to be true", then please do additional research.

I feel like you guys aren’t reading what I posted lol.

Many judges would feel you got paid even if no cash was sent to you.I could see this potentially working on a higher-end property that it in excellent condition with a Grade A tenant.  

I just listed my last property for sale, a fourplex in Pocatello, because now I focus more on commercial RE and syndications to be a true passive investor and not deal with tenants and repairs.

Less risk as far as a debt note, that's true, but debt is not the only risk to be managed.

And I feel the most limited sympathy for it.

If you Bank/Lender does not allow it you can refinace the mortgage into a DSCR or true Portfolio loan program.