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Updated about 7 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Sheldon Walker
  • Rental Property Investor
  • Fairborn, OH
1
Votes |
7
Posts

House Hack using VA (Renovation )Loan

Sheldon Walker
  • Rental Property Investor
  • Fairborn, OH
Posted
Hello everyone, Im looking to do my first hack using a Va loan. (Recently preapproved) Has anyone had any experience using the Va renovation loan in order to make property pass inspection? Also anyone in the Pittsburgh area with side by side duplexes they are looking to sell please reach out, not having the best luck with realtor and search engines..
  • Sheldon Walker
  • Most Popular Reply

    User Stats

    11
    Posts
    9
    Votes
    Mike Foster
    • Rental Property Investor
    • Norfolk, VA
    9
    Votes |
    11
    Posts
    Mike Foster
    • Rental Property Investor
    • Norfolk, VA
    Replied

    @Sheldon Walker Unfortunately I do not have personal experience with the VA renovation loan yet. But I've been looking into it too, because I plan on using it when I get back from deployment. It seems like the home needs to pass inspection first before it can qualify for the loan. The home has to be livable, before the cosmetic upgrades that are being added. Maybe someone else here has first hand experience that can clarify, or knows lenders that will work around that requirement.

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