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Can a veteran get a VA loan to buy or construct a residential property containing more than one family unit?

April 26, 2017buy construct containing family loan Property Residential VA veteran

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Can a veteran get a VA loan to buy or construct a residential property containing more than one family unit?

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Yes, but the total number of separate units cannot be more than four if one veteran is buying. If more than one veteran is buying, then one additional family unit may be added to the basic four for each veteran participating; thus, one veteran could buy four units; two veterans, six units; three veterans, seven units, etc.