Yes, you can use a VA loan for investment property — but… At its heart, the VA loan program is designed to help veterans and military members afford a home they intend to use as their primary residence.
Can you do a VA cash out refinance on an investment property?
You can only use a conventional loan to complete a cash-out refinance on an investment property. Loans backed by the Federal Housing Administration (FHA loans), Department of Veterans Affairs (VA loans), or the U.S. Department of Agriculture (USDA loans) don’t allow for cash-out refinances on investment properties.
How does the Department of Veterans Affairs acquire property?
The Department of Veterans Affairs (VA) acquires properties as a result of terminations on VA-guaranteed and VA-financed loans. These acquired properties are marketed for sale through a property management services contract that was recently awarded to Vendor Resource Management (VRM).
Can a veteran use a VA loan to purchase a home?
Veterans can’t use VA financing to purchase a home solely as an investment property. VA loans are designed to fund primary residences for service members. Using as a business loan. VA loans can’t be used to purchase a storefront, office space or any other non-residential properties.
How does the VA use property management services?
Property Management Service Contract The Department of Veterans Affairs (VA) acquires properties as a result of terminations on VA-guaranteed and VA-financed loans. These acquired properties are marketed for sale through a property management services contract that was recently awarded to Vendor Resource Management (VRM) .
Where can I find VA property for sale?
Properties for sale may also be viewed at If you are interested in buying a VA-acquired property when it is listed for sale by Vendor Resource Management, please contact a local real estate broker of your choice to see the property.
