In this video I walk you through exactly how to use your VA loan for investment properties using the BRRRR Method and the best part is you don't have to put any money down!

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VA loans are intended to be used for Primary residences, however there are a few acceptable ways that you use a VA loan to get started buying rental properties. The advantage of using a VA loan rather than using a conventional mortgage is that with a VA LOAN you can put zero percent down! a conventional mortgage would require 10%-20% down!

Option 1:
Buy the property as a primary residence and live in it for a little while while you fix it up/make it more appealing to renters. You could also get a couple of roommates during this time to start creating instant cash flow. Once the property is fixed up you could then offer it to your roommates for full rent or continue to stay there living rent free because they are effectively paying the mortgage!

Option 2:
Buy a 2-4 unit property and live in one side while you rent out the other units. This can create thousands of dollars in immediate cash flow! You can live rent free, use that money to upgrade the property. This allows you to do a cash out refinance (we'll talk about this in just a second) and charge more rent year over year or save it to put a down payment on another rental!

Once you buy the property and use your rental income towards repairs you can do what's called a cash out refinance. This means that you can take out the equity that you have in the property and reinvest it into another property or multiple properties. You can effectively do this as many times as you want!

As an example lets say you bought the 4 unit for 200k you do some minor upgrades and it's now worth 250k. You can take out the difference (50k) and use that to buy other properties. You can also reuse your VA loan for another primary residence and repeat what you just did!

Doing this is called the BRRR method (buy, rehab, refinance, rent). It is a great way to jump start your real estate career and can provide immediate cashflow and can allow you to live ren