{"id":618,"date":"2011-07-04T00:00:51","date_gmt":"2011-07-04T00:00:51","guid":{"rendered":"http:\/\/realestatemarbles.com\/governmentloanpros\/?p=618"},"modified":"2011-07-04T00:00:51","modified_gmt":"2011-07-04T00:00:51","slug":"va-home-loans-to-purchase-a-duplex-or-2-3-or-4-unit-property-in-washington","status":"publish","type":"post","link":"https:\/\/governmentloanpros.com\/california\/va-home-loans-to-purchase-a-duplex-or-2-3-or-4-unit-property-in-washington\/","title":{"rendered":"VA Home Loans to purchase a Duplex or 2, 3 or 4 Unit property in Washington"},"content":{"rendered":"

VA Home Loans to purchase a Duplex or <\/strong>2, 3 or 4 Unit property<\/strong> in Washington <\/strong><\/p>\n

We offer VA Loans to finance the Purchase of a multi family home (2-unit, 3-unit or 4 Unit, aka Duplex, Triplex, and Fourplex). \u00a0This can be a great investment strategy, as you can live in one of the units and rent out the other units. This awesome opportunity that requires Zero Downpayment or Equity up to the VA Loan Limits for your county, and that you live in and occupy one of the units to qualify for VA Financing.<\/p>\n

You can use the rental income of the rented units to help qualify.<\/strong><\/em> This will be determined either by using existing tenants and their actual rent rolls, or a projected rent schedule from the VA Appraisal. Our VA underwriters will allow you to use 75% of those rents towards your income for qualifying purposes.\u00a0 The VA does require that the Veteran has a high probability of success in managing the rental units,\u00a0 this can be prior experience managing rental properties or a well qualified buyer (liquid assets, good income, great credit profile,\u00a0etc).<\/p>\n

Call us if you are interested in purchasing a multi unit property, and we can help you with the numbers. You might be surprised what you would qualify for! 866-900-2342 toll free direct.<\/p>\n

You can also utilize\u00a0VA Loans to Refinance your current 2, 3 or 4 unit property. More info here<\/a><\/strong> <\/strong><\/p>\n

We do suggest that you utilize an experienced Realtor when searching for a multi-unit property, as they can help with the property search, cash flow projections, and VA property eligibility. \u00a0Let us know if you would like a VA Experienced Realtor Referral for your area.<\/p>\n

You can utilize your VA Home Loan Benefit for a VA Loan to make your next home\u00a0a true investment<\/em>. Here are the 2011 VA Loan Limits for high cost Washington Counties:<\/p>\n