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Updated about 2 years ago on . Most recent reply

User Stats

14
Posts
8
Votes
Rafael Carvajal Jr
  • New to Real Estate
  • Philadelphia
8
Votes |
14
Posts

Triplex Multi-Family Primary Residence Requirement

Rafael Carvajal Jr
  • New to Real Estate
  • Philadelphia
Posted

Greetings BP Community,

I am planning to purchase a Triplex with a VA loan that requires I live in the property for one year. If I purchase a home with large egress windows in the basement with two exits. Can I live in the basement while I lease the 3 units and still fulfill my primary residence requirement? Advice in this matter will be greatly appreciated!

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