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Updated about 5 years ago on . Most recent reply

User Stats

28
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18
Votes
Eric Alvarez
  • Investor
18
Votes |
28
Posts

VA Loan? LONG DISTANCE INVESTING?

Eric Alvarez
  • Investor
Posted

I currently have 8 months left serving overseas and looking to invest in a multifamily back in the states (SOUTHERN CALIFORNIA) to rent out while i live in. I want to utilize my VA loan. However, I believe I am required to live in the property for the first year if I utilize the VA loan. Any suggestions on how i could get started with this process while i am still overseas? Would it be possible to still utilize the VA loan for a property in the states while im overseas? Is there any way my parents could possibly back home could assist me with this? I'd love to hear everyone's tips and advice.

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