Required to live in it for at least a year, otherwise straight to jail.
IntelligentRent7602 on
Just buy a duplex, triplex, or apartment building
JumpyActivity9000 on
Part of the problem
Badassteaparty on
Do you plan to live in it? You havent specified.
If so, you’re good.
If not, don’t commit fraud. Or do, and Uncle Sam will bend you over and clap your cheeks.
Specific_Freedom_495 on
Have to have that house as your primary residence for atleast a year if I’m not mistaken
Administrative-End27 on
Here is the grey area… if you buy a home and have not recieved orders to a different duty station, then magically get those orders soon after closing, then you won’t have to live in it for the year…. bit that’s super specific and toeing the line
TealSharkss on
Curious if anybody knows if I can have it be my primary residence and rent out the other rooms in the house?
vindieselsoldier on
You’re supposed to wait at least one year before you rent anything out.
11 Comments
No
You know the answer is no lol
Nope.
https://www.veteransunited.com/valoans/occupancy-requirements-for-va-loans/
Required to live in it for at least a year, otherwise straight to jail.
Just buy a duplex, triplex, or apartment building
Part of the problem
Do you plan to live in it? You havent specified.
If so, you’re good.
If not, don’t commit fraud. Or do, and Uncle Sam will bend you over and clap your cheeks.
Have to have that house as your primary residence for atleast a year if I’m not mistaken
Here is the grey area… if you buy a home and have not recieved orders to a different duty station, then magically get those orders soon after closing, then you won’t have to live in it for the year…. bit that’s super specific and toeing the line
Curious if anybody knows if I can have it be my primary residence and rent out the other rooms in the house?
You’re supposed to wait at least one year before you rent anything out.