top of page

What is a multifamily home and why should Veterans buy one?


In most cases, a multifamily home is a single building that houses two, three or four separate dwelling units for different families. A property with two, three or four units may also be called a duplex, triplex or fourplex.

The VA requires you to live in one of the units while renting out the others for rental income. Also known as “house hacking,” this strategy gives you the opportunity to build home equity and become a real estate investor. The extra income may offset some or even all of your monthly mortgage payments and even allow you to pocket extra cash to cover other housing-related expenses.


 
 
 

Recent Posts

See All
30 days of gratitude Day one

Veterans Support Network Inc. is beginning our 30 Days of Gratitude. Day One. Today, we want to thank all of our members and everyone who volunteered their time, skills, and hearts over the past year.

 
 
 

Comments


bottom of page