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Updated about 8 years ago on . Most recent reply
Lender Needed VA Loan on Fourplex of Townhomes
BP Community,
I'm looking at purchasing a fourplex unit of townhomes (the townhomes are next to each other). I intend to use 1 townhome as my primary residence and rent the other 3 out.
Does anyone have experience with a purchase of this type? Will the VA allow the complete purchase to qualify or will the VA benefits apply only to the residence I plan on residing in?
Each townhome has its own Tax ID so I'm not sure if I can use my VA Benefits for this. Any lenders out there with advice?
Thanks,
Roy