How To Buy A Second Home With The VA Loan - Yes, YOU Can Do This!

How To Buy A Second Home With The VA Loan - Yes, YOU Can Do This!
#valoan #homeloan #militarymillionaire

Have you ever (wrongly) heard that you can only use the VA loan once? In my longer article about the VA loan I tell how I have missed out on over $10,000 due to a lender talking me out of using the VA loan because he said I couldn’t use the it  more than once. Today, I want to show you how to buy a second home with the VA loan, in order to help you avoid this same mistake.

These are the most common justifications you can use to buy a second home with the VA loan:

Moving Due to Work (PCS, or After the Military)

The Department of Veterans Affairs understands that you will get moved around a lot while in the military. For this reason, you are able to use the VA loan again, when you PCS.

The same holds true if you are out of the military, and get relocated due to your job, assuming you move over 50 miles away. Obviously, if you quit working at McDonalds, and begin work at Burger King in the same town, you cannot buy the home next door to your current home.

The Intent of the VA loan is to help service members get into homes, not buy entire neighborhoods for 0% down, haha.
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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom!
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