Updated over 4 years ago on . Most recent reply
Using VA loan and Airbnb together?
I live in Orlando and I'm looking at Vacation Rentals compared to long term rentals. I know if your in the right areas there's a ton of potential. My question is if I use a VA loan to buy a house as my primary residence for a year, then move out and use it for a VR after that, would the VA allow me to use Airbnb and others to rent it out part time during that first year? I have lots of family in Orlando and places to stay while I rent it but it would still be my "primary residence" that first year. Any thoughts?
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Well unless you had another place you called home I think you'd be legally ok. It's almost the same as renting out a room to a buddy while you live there or buying a duplex and renting the other side. It would force you to keep the place clean too haha