Can I Use VA to Buy Investment Property?

/ / Published in Q&A - Home Investing Questions, Real Estate Tips

Question:

“Can I use my VA to buy an investment property?”

Answer:

Sorry. VA loans are only for owner-occupants. However, you can move out of the home at a later date and keep your VA loan.

Verify with your lender or the VA, but I think you must intend to live there for at least a year. Military transfers would be exempt.

Tagged under: , ,
Licensed since 1984, San Diego real estate broker Gary Kent is a recognized authority on real estate. In addition to selling over 5,500 homes for clients, he has been an expert court witness, trainer of other agents, and he does seminars on home buying, home selling, and investing. Gary has sold homes for The Salvation Army, dozens of major banks, and Fannie Mae, amongst others. You can find Gary on Facebook, Instagram and YouTube.

What you can read next

Be Tough, Hire a Manager, or Don’t Be a Landlord
Owning Rental Properties Comes with Its Challenges
There’s Far More to Selling than the Marketing Plan