VA to Conventional

[Austin Steed]

I currently have a VA loan on a home in Lemoore, CA. It is right next to the Lemoore Naval Air Station. So I plan on renting mostly to military personnel.

I think there is potential in converting my VA loan to a conventional loan. By doing this I could reuse my VA home loan to buy a multi family home in Ohio. This Multi family home would be more expensive than my current property, thus using the 0% down payment a VA home loan includes, would be very beneficial.

My question is, is it possible to convert a VA home loan to a conventional loan?

Also, I have about 20k invested in the stock market and would consider transferring that investment to a RE one. This is my first post, so I apologize if my formatting is different than usual. Thank you.