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Owner Occupied Loans (FHA/VA)
Hello BP community!
I've started to work with first time investors and a question keeps popping up:
"If I use my VA loan, do I HAVE to live in the property or can I just put the electricity and water under my name and rent it to a trustworthy person?"
I always advice to play by the rules, but I wonder if I'm being naive. What's your experience?