Updated about 8 years ago on . Most recent reply
need to finance with VA loan on 4unit at $775 -help
Looking to find financing on a deal.
I found a 4unit building for $775k. I would like to use a VA loan on the property with zero down. I am having a hard time locally getting anyone to fund it.
I was told most lenders will not fund that amount as a VA loan, because they cant sell it on the second market.
Most Popular Reply

@Aaron T. I recommend you read the VA guarantee calculation examples at this link provided by the VA: VA Calculation Examples
Example 7 would apply most closely to your scenario although not exactly and you didn't state if you've used any of your entitlement.
The Hillsborough county, Florida VA limit for a 4-unit is $815,650