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Updated almost 5 years ago on . Most recent reply

Sean Goodson's profile image
Sean Goodson's profile image
Sean Goodson
  • Member since May 11, 2020
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Sean Goodson's profile image
Sean Goodson's profile image
Sean Goodson
  • Member since May 11, 2020
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Sean Goodson
1
Votes |
5
Posts
Creative Real Estate Financing

First Military, then future investor

Sean Goodson
Posted

The VA loan! I understand it is now unlimited to families of military but what about using the VA loan to buy rental properties. I spoke with my realtor that sold me my current home I'm living in and she said she wasn't sure if we can use it! Looking for answers from all you great, people experienced investors. ( I am currently active duty) if that changes anything

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Ron Todd's profile image
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Ron Todd
  • Rental Property Investor
  • from Oklahoma
  • Member since Mar 6, 2019
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Ron Todd's profile image
Ron Todd's profile image
Ron Todd
  • Rental Property Investor
  • from Oklahoma
  • Member since Mar 6, 2019
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Ron Todd
  • Rental Property Investor
  • Oklahoma
114
Votes |
126
Posts
Ron Todd
  • Rental Property Investor
  • Oklahoma
Replied

Hey Sean, you cannot use your VA loan to buy a rental property. You can however use a VA loan to buy a primary residence to live in, then rent out when you move.

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