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Ryan Field
  • Investor
  • Washington, DC
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2 VA Rentals - Restoration of Entitlement

Ryan Field
  • Investor
  • Washington, DC
Posted Feb 2 2016, 20:47

I have two separate properties which I financed with VA loans and converted to rentals after living in them as primary residences. Between the two, I used up 100% of my entitlement. Eventually I'd like to do a conventional refi for the two rental properties and apply for the one-time restoration of entitlement. The language for restoration of entitlement assumes that the previous entitlement was used on a single purchase. Does anyone have experience requesting a restoration when there were multiple properties financed with the primary entitlement?

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