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Updated over 5 years ago on . Most recent reply

User Stats

20
Posts
6
Votes
Ricardo T.
  • Rental Property Investor
  • NH/MA
6
Votes |
20
Posts

VA Loan and Second Tier Entitlement

Ricardo T.
  • Rental Property Investor
  • NH/MA
Posted

Hi everyone!

I have a question regarding the va loan entitlement. I recently used my va loan to purchase my first duplex 4 months ago. I live in one unit and rent out the other unit.

I am considering taking a promotion for work about 40 miles away which wouldn’t take place until February 2021. Could I use my remaining entitlement to buy another multi family to move closer to work, while keeping my current house and coverting it into a rental property?

Thank you!

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