Use your VA entitlement to purchase a multi family property and let the renters pay your mortgage. 

I know I can rent it for 2+ times my mortgage but I also stand to make good profit if I sell, which is why I want to have a conversation with the right legal professionals to help make a good decision. 

I love the house hack strategy and would love to implement it for my first deal but being as i am living in expensive San Diego it looks like the only way i would be able to use this stategy is to buy a 2/1 apt and rent out one bedroom through airbnb to help pay for the mortgage haha.

The mortgage loan officer hasn't given me a final firm number, but with taxes/principal/interest, it's roughly $1,100 - $1,200 per month with 25% down on $170K.

Hello @Sheldon Peart  If you need financing to purchase a residential property with 5 doors, you will need to get a commercial mortgage. 4 key factors affect the value of your home: Location of your homeSize, age, and condition of your property, including any renovations or updatesThe housing marketThe economy and interest ratesHere are 2 ways to help you estimate the value of your home:Talk to real estate agents – They may estimate its value for free and should be able to tell you what other homes in your area have sold for.Pay an appraiser 

If you have a vacancy in a single family rental, you have to pay the mortgage and expenses yourself until you get a new tenant.

So how do you connect with a mortgage broker for this?

I had 1 guy who was making $200k a year but could get a mortgage because of his bad credit. 

I have a meeting with a mortgage broker I bought my primary residence from set for this Wednesday.When my wife and I bought we told her we would want to buy rentals.

At the price point of our properties, it ends up being a little over the 6 months of mortgage payments per property that the commercial lenders in my area like to see prior to lending on additional properties.