A duplex came up today, but both units have new leases. 

The tenants lease is not up until August.

Rents or leases it. 

-I settled on my first property back in March, below are the details:-FHA loan, 3.5% down -Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft.

-I settled on my first property back in March, below are the details:-FHA loan, 3.5% down -Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft.

-I settled on my first property back in March, below are the details:-FHA loan, 3.5% down -Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft.

I bought a house on a lease with option to purchase. 

-I settled on my first property back in March, below are the details:-FHA loan, 3.5% down -Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft.

The tenant just signed a new 1 year lease but has also complained that the driveway needs relaying and that the deck is falling to pieces so guess this is a ploy to start negotiations on selling price.I understand that they pay the rent for a given time, plus extra that we hold as a deposit/down payment so assume I can get that contract drawn up by a real estate attorney who can also work on closing once the agreed upon timeframe ends (is this better than a realtor or should I just go with one and pay the 5%?

It’s important to fully understand the VA loan requirements in order to determine if you can juggle two loans at once.Having a renter locked into a lease who will cover those old monthly payments can go a long way toward making this work.Hope this helps you or at the very least it may give you other options.