One of the most powerful features of your VA home loan benefit is your ability to buy up to four units with no down payment.
Veterans can buy a multifamily project, occupying one unit and renting the other units out and using that rental income to help you qualify for a larger purchase price.
This is an excellent way to get your foot in the door into not just homeownership but real estate investing. Gives you great opportunity to learn how to manage properties and break into the investment side of real estate.
There are some things you need to know and some things that your bank may or may not be able to do for you.
If you are a veteran or active duty and have questions contact me at
Chris.catania@fairwaymc.con
#realestate #valoan #multiunit #investment #loanofficer #veteran
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