Veterans United Home loans

[Chris Rey]

Good afternoon ladies and gentlemen,

As I prepare to get into the market and actually purchase a multifamily I have run into this financial institution claiming to help Veterans with getting a loan.

I understand they are a lender but I would appreciate it if anyone else has worked with this group and willing to share their stories?

Also, I just found out I cannot use a VA home loan to finance a multi family without having 6 months of property management experience?

Anyone know if this is true? If so, any way around that?

[Tyrus Shivers]

@Chris Rey

I have not dealt with that company. However, the VA does keep track of all lenders who are authorized to do VA loans. I never heard of the 6 months property management rule. I know that you can do up to 4 units and you have to occupy 1 of the units. Call the VA and double check that 6 months thing as I did not come across that when I was researching.