BECOME A LANDLORD WITH $0 DOWN.
Did you know you can use your VA Loan to buy an apartment building (up to 4 units)?
The Strategy: You live in one unit. Tenants pay rent for the others.
You live for free and build wealth.
Use your VA Benefit to buy a building with 4 front doors. $0 Down Payment.
You live in one unit. You find 3 other families to rent the other units.
The rent from the 3 families pays the mortgage. You keep the building.
Can you do this alone? Yes. Up to 4 units.
Team up with another Veteran. Buy a bigger property (or two adjacent 4-plexes).
2 Veterans = Double Entitlement.
Most real estate investors have to save for years to buy a rental property. You can do it tomorrow.
Here is the math on a standard $500,000 4-Plex.
(Using Conventional / FHA Loans)
(The Golden Ticket)
"Isn't there a cap?" NO. If you have full entitlement, the VA does not cap your loan amount. You can buy a $1M or $2M four-plex for $0 Down if your income qualifies.
Bonus Entitlement: You can have MORE than one VA loan at a time. PCS'ing? Keep your current home, rent it out, and buy a NEW one at your new duty station with $0 down.
"I can't afford a $4,000 mortgage." You don't have to. We can use the potential rent from the other units to help you qualify for the loan. The building pays for itself.
Why renting keeps you broke.
If you rent, this money leaves your pocket forever. After 4 years, you have lost over $90,000.
If you own, your tenants pay your debt and the house grows in value. You gained $85,000+ in Net Worth.
We will help you find properties that fit the numbers.