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Updated over 10 years ago on . Most recent reply

Changes from Owner Occupied to Completely Rented Duplex
I've been looking into purchasing a duplex as an owner occupant utilizing no money down with a VA Loan. After this is completed and I have lived in the home for a certain period of time, I would be looking into renting out the unit I occupy and purchasing another duplex. What changes can I expect when I make this switch from owner occupied to full blown rental property? Insurance, refinancing mortgage, tax implications, etc. etc. Thanks and happy Monday everyone!