VA Commercial Property Loan (aka...the Unicorn)

[Wesley Thompson]

Greetings! I have heard about the possibility of two individuals using their VA entitlement to purchase a commercial property together (8-plex). However, there seems to be very few people, if any, who have successfully navigated this situation. Since it's lager than 4 units, it's a commercial property and loan. Since VA loans are residential mortgage backed securities, a commercial loan can't be utilized. So there appears to be this infinity loop of it can be allowed, while at the same time, it can't be done. So if anyone know how this can be accomplished (or have actually pulled it off) I would be fascinated to hear how!