The VA occupancy requirements require the VA homebuyer to live in the property they are purchasing. This means that flipping a home with a VA Loan is technically possible, as long as the basic VA guidelines are followed. This includes the home being in good enough shape to pass a VA appraisal before closing.

There isn't a rule that the client must live in the primary structure. They could live in a guest house or RV on the property while the main house is being renovated - but make sure there aren't HOA rules or local laws that prevent this. But, the client must intend to occupy the property full time within 60 days of closing (there are some exceptions to that time window).

In summary, it is allowed to flip a home using a VA loan as long as the client lives on the property while doing it. This is called a "live-in flip".

Since VA-guaranteed mortgages have no minimum property ownership period, the home can be sold whenever the client would like after the flipping is done. Some lenders may have a minimum occupancy period, so ensure your client carefully reads over the terms of their mortgage.

Do you have a client interested in flipping a home with a VA Loan? Click here to refer them to our lending partner, Veterans United Home Loans.