VA Loan For Investment Property? (YES, It's Possible!)

VA Loan For Investment Property - Converting a VA Loan to a Rental property is a great way to Invest in Real Estate for $0. VA Loan occupancy requirements only state the home needs to be your primary residence at the time of purchase and it's possible to turn your home into a rental investment property after you purchase it.

I personally have purchased two homes using the VA Home Loan. Both for $0 down and I have turned one of them into a rental property that is cash flowing for me. If you are interested in purchasing your first investment property and want to do so with $0 down, the VA Home Loan is a great option.

The first step is to research your maximum VA Entitlement and purchase a home well below your maximum. Then research the potential rental income you can get for your property before your purchase it and make sure you can rent the home for more than your monthly mortgage payment. Then move out of your home and turn it into a rental property. My lender required 6 months of rental income before he would offset my monthly mortgage payment by my rental income. So during this time, I just moved onto base housing while I was in the military. Then determine how much VA Entitlement you have remaining and purchase another home below this maximum cap. Now you own two homes and purchase both purchased with the VA Loan.

Keep in mind there are three ways you make money with a rental property.

1. Cash Flow: This is the difference between your monthly cost to own the property and how much you are charging in rent.
2. Appreciation: On average, the US housing market appreciates 3% per year
3. Debt Paydown: With every mortgage payment you are paying down the amount you owe on your loan. Often, after 30 years your entire home loan will be paid off.

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My name is Malcolm Lawson, I am a Maryland Real Estate Agent and team leader of The Lawson Group of Keller Williams. Schedule your FREE home buying or selling consultation with me and my team here https://LivingInMaryland.com

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Keller Williams Flagship Of Maryland

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