Soon I'll be purchasing my first ever investment property (Virginia) (MFH) and I honestly feel like I made a mistake.

It's been a while since I used it, so may have changed after TransUnion purchased it.

For experienced investors who have done 5+ similar rehab projects, I can lend up to 100% of the purchase price and 100% of the rehab on light 1-4 unit rehabs. 

I have used HELOCs for probably most of the purchases of the properties I own. 

Purchase price: $250,000 Cash invested: $50,000 Primary house hack.

I have 2 SFH, both purchased using house hacking.

The purchase price of this property was only $170K. 

I am looking into purchasing a second (vacation) home and would love to hear your thought on the pros and cons of going a conventional 30-year second mortgage vs. using a HELOC or Home Equity Loan on my Primary Residence to purchase the second home outright. 

Your best/safest bet would be a regular lease combined with an option to purchase.

I've seen VA loans close with backend DTI ratios in the 60s and low 70s.VA loans can be used for multifamily purchases with 0% down as long as the veteran will live in one of the units.