Can you use a beneficial Va Mortgage For A residential property?
Do you require a good Va Loan To own A residential property?
Mark Severino try an effective U.S. Armed forces head in the reserves to have a decade, an extend one given the opportunity to explore an excellent Virtual assistant domestic financing to order a primary house. But the guy need one thing a great deal more.
Severino used the system during the 2015 on the a home inside the Orlando with an extra house device, or ADU, on yard. The guy leased you to over to coverage the bulk of their mortgage and you may lived in a portion of the house to meet the occupancy needs from an effective Virtual assistant home loan.
When he moved to Dallas from inside the americash loans Weldona 2017, the guy marketed the area when you look at the Orlando and you will recouped his complete Virtual assistant entitlement, that he applied to an additional mortgage buying an excellent duplex, once more with no money down. » Read more