Seasoning loan vs fha loan

2 Replies

My Husband and I purchased a house 8 months ago under his va loan. But now I'm ready to start my real estate business for rental properties and flipping houses I found a market cheap and curious do I have to wait a year before I buy investment property? I don't plan on moving into the investment property.

Are you guys planning on refinancing or anything with the VA loan? The seasoning period only pertains to the subject loan (i.e. if you were going to refi the VA loan you would need to make 6 months/210 days of on time payments on the VA loan mortgage). Theoretically if the numbers all work and you have the funds you can buy an investment property the very same day as the VA home purchase. The two loans are mutually exclusive so you do NOT need to be on the VA loan for a certain amount of time before purchasing an investment property.

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