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Updated over 6 years ago on . Most recent reply

Jason SanMartin's profile image
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Jason SanMartin
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Jason SanMartin
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Jason SanMartin
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Rehabbing & House Flipping

VA Loan purchase and wholesaling

Jason SanMartin
  • Investor
  • Hampton, VA
Posted

Question for the forum: Is it possible to use a VA Loan to buy a wholesale property and fox and flip later to rent out?

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Nathan Gesner
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ModeratorReplied

VA loans have some strict requirements so a flip candidate probably won't meet the loan requirements. Also, the purpose of a VA loan is to help veterans find a home, not as a vehicle for investments. They will require you to sign an affidavit that you swear to occupy the home as your residence.

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