The VA loan program does not have a provision to buy investment properties if that is the sole purpose. However, it does allow, upon qualifying of course, if the the Veteran bought up to a 4 unit property. Live in 1, rent out 3. Works for triplexes and duplexes as well.
I completely agree with the reply already provided for this answer.
VA is for primary property only. But you can buy up to a 4-plex, as long as you live in one of the units on the property too. Also, if you buy a house with a VA loan today, after living there at least one year, you can turn it into a rental. For VA loans in MN, Wi, and SD, visit me at www.VA-IRRRL-Loan-MN.com
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