You do have to live in both properties as your primary residence so if you are trying to buy both at the same time this wouldnt be possible unless you and your wife were separated and living in different primary residences but if sufficient time has passed since the first purchase then you could buy another property with her VA eligibility.

One possible pro for the office building is that businesses may stay longer than residents.

My Thoughts -If Ownership is a Luxury Item then it should be very profitable to be a Landlord of Affordable HousingIt should be profitable with solid margins to Buy Slumlord Properties and Convert to Pride of Ownership RentalsIs there a Dark Downside of being a landlord in CA if > 50% of residents are tenants???

Just be sure to make sure that if the party that you’ll be selling to will be using the property as their primary residence that you follow all of the federal laws surrounding residential lending. 

I personally doubt it -- my guess is the best it might do is increase showings -- it's not a Single Family that a primary resident is buying. 

With the leftover money, you can be aggressive and find another property if you fit all of the financing requirements as it will be a regular loan at that point since you have used the VA on your primary residence. 

Helocs are only for primary residences though.

Their defense: A condo/homeowner association is a private, contractual business relationship in which residents voluntarily sign away even Constitutional rights when they agree to be bound by the rules set by a community association board. 

Hello everyone,

Please help with any advice you guys might have. So, I decided that I’m going to rent out an extra bedroom I have in my house. I don’t use it at all, so, I figure why not make some money of it. The ro...

I couldn't tell for sure if they had a similar residency requirement to FHA where you are living in the property for a minimum of 1 year.Has anyone used these programs - insight?