There are some pretty interest rules to it but you can keep that VA loan on the home that you currently rent, and then get another VA loan on a different property at the same time if you fit these parameters...and bear with me, these are going to sound a little strange.The first element is that your VA loans have to be in the separate "pools" or "buckets" concerning the loan limit. 

Bucket of water and a long brush to clean then a fin strightener or putty knives.

The host asked me to put a bucket under it. 

I mainly want cash flow with appreciation as an added bonus...Also, building an apt complex from the ground up is on my "bucket list".

-Banks often run quarterly incentives, your property maybe in a program that the bank is trying to add to their bucket. 

Once you fill that bucket you can start looking into seller financing.

Wraparound mortgages for exits or other lease/option strategies are risky for both you and the seller if you don't have a bucket of cash to correct things if they go sideways or south

My most recent closing was assumable debt so, that gets bucketed in its own category.  

Throw in a bucket of chicken to go with your original offer:If that doesn't work throw in some gravy too.  

Now we aare behind on our payments and you're fending off squaters and damages, the built a fire in a bucket to cook off of and smoked the place up along with the unit next door.You get a notice of foreclosure, not just on the apts, but dang, on your house you used for the down.