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Updated 7 months ago on . Most recent reply

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160
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Fahadbin Alam
  • Rental Property Investor
40
Votes |
160
Posts

Can I use the VA loan while living in the barracks?

Fahadbin Alam
  • Rental Property Investor
Posted

I was thinking of house hacking a multi-family. I am forced to live in the barracks but on the weekends I can live in the property. So i was thinking I could AirBNB the property on the weekdays while living in it on the weekends to fill the requirements. Will this work?

Most Popular Reply

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487
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Joshua McMillion
  • Rental Property Investor
  • Madison, AL
658
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487
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Joshua McMillion
  • Rental Property Investor
  • Madison, AL
Replied

@Fahadbin Alam

Depending on your rank, you need to have this conversation with your company commander. The Army and Marine Corps require single service members with pay grades E-5 and below to live in the barracks. You can have this waved, but you need to be transparent with your leadership. When I was a commander, I often granted waivers for single Soldiers given their motivation and goals. If you paint the WHY to your leadership, I am confident they will let you. 

Sincerely, 

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