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Foreclosures

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VA loan or not? Pros and cons?

Steven Macdonald
Posted Jun 10 2020, 09:10

I am currently looking into buying my next property with my VA loan. I plan on house hacking a multi with that loan? Then moving out and renting it a year after I fix it up. Am I able to move out and rent my property after a year? Or do I have to refi out of the VA loan to use that property as a rental? Since it is not my primary residence? I don't want to do a complete refi into a conventional a year later and restart the whole process because the VA loan doesn't allow me to use it as a rental? Any thoughts? Thank you

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