Why some VA loan houses might become good master leasing prospects

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    See the excerpt from this article:


    “Lie 4: You Can’t Have Multiple VA Loans at Once

    You actually can have multiple VA loans at once. Many times, families purchase a home in one location, have to move, and convert that first home to a rental property. VA home loan rules allow them to still buy a second residence in their new location with little to no money down, depending upon the combined price of their homes and the area loan limit in their new location.”

    Looks like such VA families that have to move, and want to convert their present house into a rental, are potential master-leasing deals!

    — Dee

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