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Updated over 10 years ago on . Most recent reply

Andrew Greaves's profile image
Andrew Greaves's profile image
Andrew Greaves
  • Contractor
  • from Lexington, KY
  • Member since Oct 8, 2013
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19
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1
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Andrew Greaves's profile image
Andrew Greaves's profile image
Andrew Greaves
  • Contractor
  • from Lexington, KY
  • Member since Oct 8, 2013
Connect
Andrew Greaves
  • Contractor
  • Lexington, KY
1
Votes |
19
Posts
Private Lending & Conventional Mortgage Advice

VA Loan for Multi-Family question

Andrew Greaves
  • Contractor
  • Lexington, KY
Posted

Hello!

I know that the VA Loan requires the owner to occupy the unit purchased. This seems like a grey area to me as it does not specify whether or not the buyer must occupy until the loan is repaid or the property is sold. Does anyone have first-hand experience with this? If that is the case, it does not seem that the VA loan would be a great financing option for a first time buy and hold investor.

Thanks!

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