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Updated about 11 years ago, 10/16/2013
Possible to owner occupy a 10-unit?
My understanding is that a 1-4 unit building can be financed through residential financing. Our situation is such that we are qualified for a VA loan of up to $275,000. We are in the Las Vegas market and instead of purchasing a 4-unit complex for the going rate of about 100k we are wondering if it is possible to purchase a 10-unit owner occupied property for the $275,000 that we are qualified for using VA funding.