Skip to content

April 25, 2024

Can I Use My VA Loan for Rental Property?

Last updated on April 29, 2024

I hope you enjoy reading this blog post.

If you want to learn how to implement these strategies to get the VA benefits you deserve, click here to speak with a VA claim expert for free.

Yes, you can use your VA loan for rental properties.

According to VA loan guidelines, you can use a VA loan to purchase a multi-unit rental property (up to 4-units) if you intend to occupy one of the units.

The VA typically requires that the borrower move into the property within 60 days of closing and live there for at least one year.

The key to making rental properties work with your VA loan benefits is to meet the “primary residence requirement.”

For example, you could purchase a 4-unit rental property with a VA loan and live in one unit and rent out the other three.

Summary of Key Points

  • Yes, you can purchase up to a four-unit rental property with a VA loan. You can also rent out rooms or a guest house of your primary residence to generate extra income.The VA typically requires that the borrower move into the property within 60 days of closing and live in one of the units as your primary residence for at least one year.
  • The VA typically requires that the borrower move into the property within 60 days of closing and live in one of the units as your primary residence for at least one year.
  • Because you are allowed to have more than one VA loan, you can begin to build wealth through your VA loan benefits by purchasing numerous multi-family units over time. After fulfilling the occupancy requirement, you can move out and rent all the units.

Using a VA loan to Purchase Rental Property  

In general, you can use a VA loan to buy an investment property so long as you live in one of the units.

Depending on the property, you can also get creative and potentially rent out rooms or a guest house to generate monthly income.

Primary Residence Requirement

The primary requirement of a VA loan is that you must certify that you intend to occupy the property as your primary residence.

This means that while you can use a VA loan to buy a property, at least one of the units must be occupied by the owner.

Multi-Unit Rental Properties Up to 4-Units

You are allowed to buy a property with up to four units using a VA loan if you live in one of the units.

This can be a way to purchase an investment property that generates income that you partially rent out while also meeting the primary residence requirement.

Additional Space in Your Primary Residence

If your property is spacious enough to allow for renting out a room or a guest house, this can be a great way to generate extra monthly income.

As long as you maintain the property as your primary residence, you have the flexibility to decide how to manage room rentals.

VA loan guidelines allow for the rental of extra space(s) from your primary residence.

Buying Additional Rental Properties

After fulfilling the occupancy requirement (generally for a year), you can move out and rent all the units.

This is often done by veterans who buy a home, live in it for the required period, and then purchase another home, potentially using another VA loan, while renting out the first.

Also keep in mind you can have multiple VA loans, meaning you can potentially get a second VA loan for rental property.

Qualified veterans can hold more than one VA loan at a time, which allows for the ownership of multiple properties.

VA Loan Investment Properties

Direct purchase of investment properties that will not be occupied by the owner at any time is not permitted with VA loans.

VA loan are designed for veterans to find affordable housing options, not to build investment portfolios.

But keep in mind that you can still buy investment properties with your VA loan if you meet the occupancy requirements.

Refinancing and Renting

If you originally purchased your home with a VA loan and lived in it but later moved out, you could refinance the home with a non-VA loan if you wish to keep it as a rental property, freeing up your VA loan entitlement for another property.

Veterans: Use Your VA Loan to Buy Your Dream Home for Less!

Our VA loan partner District Lending is on a mission to disrupt the traditional mortgage industry. 

Buying a home can be incredibly frustrating so they decided to make it easy through cutting-edge technology and exceptional customer service.

District Lending offers lower rates and zero lender fees and can assist military veterans with securing a VA home loan in the following 20 states: Arizona, California, Colorado, Florida, Georgia, Idaho, Indiana, Louisiana, Maryland, Michigan, Minnesota, New Jersey, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, and Washington.

>> Click HERE to get a great low VA loan mortgage rate in 60 seconds or less!

About the Author

Brian Reese
Brian Reese

Brian Reese

Brian Reese is one of the top VA disability benefits experts in the world and bestselling author of You Deserve It: The Definitive Guide to Getting the Veteran Benefits You’ve Earned (Second Edition).

Brian’s frustration with the VA claim process led him to create VA Claims Insider, which provides disabled veterans with tips, strategies, and lessons learned to win their VA disability compensation claim, faster, even if they’ve already filed, been denied, gave up, or don’t know where to start. 

As the founder of VA Claims Insider and CEO of Military Disability Made Easy, he has helped serve more than 10 million military members and veterans since 2013 through free online educational resources.

He is a former active duty Air Force officer with extensive experience leading hundreds of individuals and multi-functional teams in challenging international environments, including a combat tour to Afghanistan in 2011 supporting Operation ENDURING FREEDOM.

Brian is a Distinguished Graduate of Management from the United States Air Force Academy, Colorado Springs, CO, and he holds an MBA from Oklahoma State University’s Spears School of Business, Stillwater, OK, where he was a National Honor Scholar (Top 1% of Graduate School class).

Related Articles

Featured Resources

Elite Membership

Dear Veteran,
Here’s the brutal truth about VA disability claims:

According to our data, 8/10 (80%) of veterans reading this message right now are underrated by the VA…

This means you do NOT currently have the VA disability rating and compensation YOU deserve, and you could be missing out on thousands of dollars of tax-free compensation and benefits each month.

As a fellow disabled Veteran this is shameful and I’m on a mission to change it.

Brian Reese here, Air Force service-disabled Veteran and Founder @ VA Claims Insider.

Since 2016, VA Claims Insider has helped thousands of Veterans just like you get the VA rating and compensation they deserve in less time.

If accepted into our ELITE membership program, you’ll get free up-front access and permission to use $13,119 worth of proprietary VA claim resources, including access to our network of independent medical professionals for medical examinations, disability evaluations, and credible Medical Nexus Letters, which could help you get a HIGHER VA rating in LESS time.

It’s FREE to get started, so click “Go Elite Now” below to complete our 3-step intake process.

  1. Complete Basic Information
  2. Sign Members Agreement
  3. Join the Mastermind Group

If you’re stuck, frustrated, underrated, and currently rated between 0%-90%, VA Claims Insider Elite is for you!

Click “Go Elite Now” below to get started today and a member of our team will be in touch within minutes.

Go Elite Now!

Why Choose VA Claims Insider

You’ve exhausted your free resources

You're not alone. Thousands of other Veterans in our Community are here for you.

Veteran Community

You’re ready to get the rating you deserve

We know the pain of feeling stuck, frustrated, and alone, and we want to make this process as easy and painless as possible for you.

Explore Elite Membership

We win ONLY when YOU win

Hear from fellow Veterans just like you, with many of our Veteran Ambassadors having gone through our programs.

Schedule a Call

Fellow Veterans:

For a limited time, you can book a free, no-obligation VA Claim Discovery Call with one of our experts.

Book A Call

Fellow Veterans:

For a limited time, you can book a free, no-obligation VA Claim Discovery Call with one of our experts.

Book A Call