Video Transcript:
Everyone thinks their salary alone dictates their home buying power. But the VA loan has a powerful mechanism where the property’s future rent helps you qualify. I am David Ghazaryan. My work is structuring these specific VA loans. We use the second unit’s rent to offset the mortgage, boosting your buying power. Here is the math. If the other unit rents for $3,200, we can use 75% of it. That is $2,400, which lowers your payment calculation. (Data may vary over time) This simple calculation is the key to competitive markets like San Diego. It transforms a property you previously could not afford into one that is now accessible. The occupancy rule is also flexible for military life. If you get PCS orders, you can move out and rent your unit, keeping it as an asset. The full analysis on this strategy is on our website and socials. I have put the links in the description below for you to review them.
Read Blog Here: https://www.iqratemortgages.com/blog/va-loan-duplex-hack-in-san-diego--oceanside-california
