Can I buy a multi-family home with a VA loan?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Yes. A VA loan can finance a two-to-four-unit property with $0 down as long as you occupy one unit as your primary residence. The other units can be rented.
Projected rent can sometimes help you qualify. It's an excellent way for veterans to house-hack in Florida. We'll structure the multi-unit VA purchase so the tenants offset your payment.
Up to four units
Yes. A VA loan can buy a property with up to four units, as long as you live in one of them as your primary residence. You can rent the other units.
With zero down, it is one of the best ways for a veteran to start building rental income.
Using rental income
The VA often lets you count projected rent from the other units to help you qualify, which can boost your buying power.
It is a smart wealth-building move. Apply now and we will run a VA multi-family purchase for you.