Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

3
Posts
1
Votes
Mike Adams
Pro Member
  • Investor
  • Virginia Beach
1
Votes |
3
Posts

Experience qualifying for VA loan after Investment loan?

Mike Adams
Pro Member
  • Investor
  • Virginia Beach
Posted

Hey everyone, I am currently working to purchase an investment property that I plan to utilize as a short-term vacation rental, I am planning on financing via a conventional investment loan (expecting to close this autumn). 

Additionally, I would like to purchase an owner-occupied primary residence via my VA home loan around March/April 2023. However, due to the fact that the investment property will not be a standard long-term rental that shows consistent income, I have been told this may be problematic to secure the VA/primary home loan in the future. Because of general lender hesitancy to lend to STR real estate assets because they view them as a bit more volatile.

Wondering if anyone has any experience or advice regarding my ability to qualify for a VA home loan that I am entitled to within about 4-5 months after acquiring a conventional loan for a short-term rental?

Any help or input would be greatly appreciated!

  • Mike Adams
  • Loading replies...