Updated about 10 years ago on . Most recent reply
Maxing out a VA Loan using Multifamilies
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?