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Updated over 8 years ago,
VA Home Loan Los Angeles
Hey BP,
I live in LA, I own 1 4-plex now using conventional financing. I'm hoping to utilize my VA Loan to purchase another 4-plex owner occupied. I was told by my mortgage broker that when he was talking to the VA underwriter they would not let me use any rental income w/o a 2 year history of being a landlord and confirming rental income on my tax returns. Has anyone worked with knowledgeable VA lenders and purchased 2-4 with VA financing in the LA area? Any info is greatly appreciated.
Best,
TM