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Updated over 3 years ago on .

User Stats

13
Posts
4
Votes
Horacio Gonzalez
  • Wichita, KS
4
Votes |
13
Posts

How can I take advantage of my VA loan?

Horacio Gonzalez
  • Wichita, KS
Posted

So currently my wife and I have 3 properties one of which is a beautiful 100 year old duplex. We live on one side of the duplex and rent the other and we love it here. We are ready to take on our next property and I would like to use my VA loan to purchase a fourplex since that's the largest property it qualifies for. However to use the VA loan we have to live in the property for one year. So the issue is my wife is totally against moving into a fourplex and we are expecting a baby so not the ideal time to do so. I have given her the sacrifice now and see rewards later speech. Have any of you purchased with a VA loan and used any kind of exemption to live in the property or just any tips in general for my situation. Thank You