VA loan to buy investment property

5 Replies

Matt, if you are using VA loan you will need to stay on it but eventually, you could rent it out.

Technically, no. But you can purchase a multi unit property using a VA loan but the kicker here is you will get the county max for a single family property.

So if the multiunit property is the SFH loan limit you should be okay to purchase but you will need to live in one of units.

You can but you’re required to live in the property for at least a year  and then you can rent it out. If your buying a multi family it can’t be more than a four plex since anything beyond that is considered a commercial property. But you can live in one of the apartments and rent the remainder out.

@Matthew R Crawford One point -- if you're buying it with 0% down, get some estimates on the rent. It can be difficult to get a cash-flowing property (or break-even) with 100% financing UNLESS you're doing some rehab on it.

VA loans are great tools, but it can often make sense to buy a property you will live in and rent out a room or two to some roommates.

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