Financing investment property between VA loans
Hello BP Community,
Financing question here... I used a VA loan to buy the house I currently live in. I understand I am eligible to take out another VA loan as I've lived in my current residence for over a year and plan to buy a house in the near future using another VA loan and rent out my current property. I also plan to finance a multifamily property in the next few months using conventional financing and later quit claim this property into an LLC with my business partner. My question is, how will taking a conventional loan for an investment property affect my eligibility to take out another VA loan later? Probably a question for a loan officer but didn't know if any of y'all have run into this before. Thanks for reading this far!
Jake