I'm working on a Sub-to Creative financing deal

[Jonathan Cevallos]

Hello! I have an off market deal direct to seller. Single family home is under a VA loan in California. Seller is moving to east coast. I offered the client the price they are asking for 'subject to' holding the VA loan for at least 2-3 years.

As mentioned, the home is under a VA loan, seller needs to purchase their new home in the east coast with a VA Loan. Can they qualify for a second VA loan?

I’m trying figure out a way to make this 'subto' deal. Any lenders/title companies/attorneys with creative financing experience, please reach out. I would really appreciate your input. 

Thank you

Jon

[Erik Browning]

@Jonathan Cevallos yes you can have 2 VA loans using split entitlement. Please either search my past posts with detailed examples or send me a DM and we can schedule a call to discuss how this works and how it affects your specific situation