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Updated almost 10 years ago on . Most recent reply

Eric Dufault's profile image
Eric Dufault's profile image
Eric Dufault
  • Real Estate Agent
  • from Centerville, MA
  • Member since Mar 19, 2014
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Eric Dufault's profile image
Eric Dufault's profile image
Eric Dufault
  • Real Estate Agent
  • from Centerville, MA
  • Member since Mar 19, 2014
Connect
Eric Dufault
  • Real Estate Agent
  • Centerville, MA
18
Votes |
60
Posts
Mobile Home Park Investing

Maxing out a VA Loan using Multifamilies

Eric Dufault
  • Real Estate Agent
  • Centerville, MA
Posted

Simple scenario and question:

I'm purchasing a duplex with a VA Home Loan for $270K.

Down the road I'd like to do the same thing.

A normal VA Loan Maximum is $417K but changes to approx. $533K with a duplex:

http://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx

When I buy another home can I subtract the $533K from $270K leaving me with $263K to purchase another property?

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