HOW CAN VETERANS USE THEIR VA LOAN IN MULTI FAMILY REAL ESTATE?
JEREMY:
Russ, when it comes to the VA Loan, you can get better rates than traditional or hard money rate rates? .... And what is the #1 thing holding veterans back from leveraging their VA Loans to step into Multi-Family Real Estate ?
RUSS:
It's a powerful loan. I mean, you can essentially own a small, small apartment complex of the four units with your VA loan and still get 0% down, still get seller concessions, help the seller pay for that building and get into a unit, an investment property that you obviously live in full-time or part-time and rent out the other three units and, you know, essentially pays for itself or you actually make an income with it.
So I think it's just an education piece that, you know, the public is, is not so keen on right now.
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After talking through scenarios with newbies and experienced investors walking through the ups and downs of Modular Housing where veterans are able to launch their legacies in a way much larger than themselves.