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Chief
I’ve done this with 3 homes. You can use your VA entitlement over and over. There’s no funding fee if you have a disability rating.
Alternatively, you can refinance into a conventional loan and use the benefit on the second property, turning the former into an investment property. The property value appreciation may even help push you past PMI. Interest rates should continue to go down.
Yes you can use it again, you just have to have entitlement left (sell the first house or have enough room left to get the second one without maxing).
the funding fee increases when u use it again
but generally it’s recommended to keep real estate 5 to 7+ years before selling so try to make sure it’s a good rental if u plan on moving
Hi Ive been looking into using the VA for homebuying but I wasnt aware of any benefits or differences for being a disabled vet. Can you elaborate on that?
Pro
There’s a VA funding fee exemption if you’re over 10% disability