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Updated almost 4 years ago on . Most recent reply

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12
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7
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Jacob Riley
7
Votes |
12
Posts

Financing investment property between VA loans

Jacob Riley
Posted

Hello BP Community,

Financing question here... I used a VA loan to buy the house I currently live in. I understand I am eligible to take out another VA loan as I've lived in my current residence for over a year and plan to buy a house in the near future using another VA loan and rent out my current property. I also plan to finance a multifamily property in the next few months using conventional financing and later quit claim this property into an LLC with my business partner. My question is, how will taking a conventional loan for an investment property affect my eligibility to take out another VA loan later? Probably a question for a loan officer but didn't know if any of y'all have run into this before. Thanks for reading this far!

Jake

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