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Updated over 5 years ago on . Most recent reply

User Stats

57
Posts
21
Votes
Roger Evans
  • Rental Property Investor
  • Boston, MA
21
Votes |
57
Posts

Can I sell quicker then expected?

Roger Evans
  • Rental Property Investor
  • Boston, MA
Posted

I purchased an owner occupied duplex via VA home loan this past October. My girlfriend is pregnant with our second daughter due in July. We would like to move back closer to the rest of our family before our daughter is born. I've made some upgrades to both units in our duplex, and i'm in the process of having a furnace installed so the second floor utilities are separated. Location is great and quiet and has easy access to highways, hospital, grocery store and gas stations all within 2-5 minutes driving. Now is the bank going to care that I want to sell this house and purchase another within 6-8 months? Just not sure when applying for another loan if this will be an issue for the bank.

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