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Updated about 10 years ago on . Most recent reply

User Stats

12
Posts
1
Votes
Christopher Meaker
  • Real Estate Investor
  • Syracuse, NY
1
Votes |
12
Posts

VA Loans under LLC? Possible?

Christopher Meaker
  • Real Estate Investor
  • Syracuse, NY
Posted

Does anyone have experience using VA loans to purchase multifamily houses? Can you still create an LLC that the home would be attached to as an asset? If not is there some way of getting the loan and transferring the property to the LLC afterwards? My father is a veteran and can utilize the VA loan. I believe that is house my parents purchased the home I grew up in. Is it possible to purchase a Multifamily property with a VA loan and then rent the property out without living in the property? I am especially interested in how it would be transferrable to the businesses name to protect yourself in any sort of catastrophic event.(If that's possible) Also any and all tips and advice using a VA loan to would be appreciated.

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