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Updated about 9 years ago,

Dave Godfrey's profile image
Dave Godfrey's profile image
Dave Godfrey
Pro Member
  • Real Estate Agent & Investor
  • from West Chester, PA
  • Member since Feb 25, 2013
  • Posts 90
  • Votes 21
  • Experience 14 Yrs
  • Investments 2
Connect

User Stats

90
Posts
21
Votes
Dave Godfrey's profile image
Dave Godfrey's profile image
Dave Godfrey
Pro Member
  • Real Estate Agent & Investor
  • from West Chester, PA
  • Member since Feb 25, 2013
  • Posts 90
  • Votes 21
  • Experience 14 Yrs
  • Investments 2
Connect
Dave Godfrey
Pro Member
  • Real Estate Agent & Investor
  • West Chester, PA
21
Votes |
90
Posts
General Landlording & Rental Properties

VA Loans - Is there a rental scenario when moving on?

Dave Godfrey
Pro Member
  • Real Estate Agent & Investor
  • West Chester, PA
Posted

My brother-in-law owns a house which he has lived in it for 10 years, using a VA loan. He is now relocating out of state.

Question: Can he rent it out without issue (being that it is a VA Loan)? He is NOT worried about needing the VA Loan Eligibility to purchase the new-home-to-be.

I looked briefly on the VA Benefits website but they only talk about getting INTO a loan... and NOT about a Renting (EXIT) scenario.

Also would the renters have to be veterans themselves? Or could they rent to anyone?

Thanks in advance for your help.

Dave

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