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Updated almost 4 years ago, 02/10/2021
VA Loan Non-Spousal Partnership
Has anyone ever partnered on a deal with someone who is eligible for the VA loan? I have a few coworkers who are renters, brand new to the game with the desire to get into real estate and I am trying to come up with a way to pitch a partnership to them where they househack multifamily properties. My question is regarding the VA allowing someone to be on the title but not on the loan. For my VA loan, I am on the loan solely, and my wife and I are both on the title. Can you do that with non-spouse partnership? Or does the VA require that anyone on title must also be on the loan.
Hi David, I know I could just ask you directly but I also know you have your alerts turned on so you can probably share something that other service members could benefit from.