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Updated over 10 years ago on .

User Stats

534
Posts
216
Votes
Mike Flora
  • Investor
  • Menifee, CA
216
Votes |
534
Posts

Assuming VA loan and then renting

Mike Flora
  • Investor
  • Menifee, CA
Posted

Can't seem to find the answer on this one!! Anyone know for sure that after you assume a VA loan and lender approves are you able to rent the property? I know you are not allowed to purchase a property with a VA loan and rent it immediately, but if you are assuming the loan I hope that rule would be nullified??? I know people do subject 2 and rent but not sure if a straight up assumed loan through the lender has a different rule about renting.