Using the VA to purchase a multi family property in Las Vegas

[Steven Fitzen]

I am an Active Duty Soldier, my wife is currently staying in Las Vegas, where I'm from. I'm trying to use the VA Home Loan to purchase a multi family property in Las Vegas, and I know that there is some kind of stipulation in which I can claim the income from the units toward my application. In Hawaii (where I am), the deal was you had to have three months of the mortgage reserved and the tenants would have to sign a year long lease in order for the lender to approve it, the only issue there was I don't plan on staying in Hawaii, I don't want to, and a 3 month reserve for a Hawaiian fourplex is significantly higher and less attainable haha. This arrangement came from what I guess you would call a non traditional mortgage lender since the lender I spoke to at Veterans United told me to pack sand, but more verbosely. I'm reaching out to the investors in Las Vegas who work with creative mortgage lenders, could you please recommend a lender you've used in the past? I'm making the calls, I'm running my finger down the list of VA Lenders and I'm sure I'll find someone but I figured why re invent the wheel when I know someone has had a similar thought before me. My next stop is the Marketplace. Thanks guys.