Investment property Virtual assistant financing conditions and you may will set you back You need an effective Virtual assistant financing to invest in a unique otherwise used solitary-nearest and dearest residence, condominium, townhome, are formulated home, modular home, duplex, triplex, or five-plex. The house or property ordered cannot be made use of exclusively having money or leasing aim, however. You need to capture occupancy of the property since your first house contained in this 60 days away from closing, more often than not. Along with, you ought to live in the house as your top quarters getting about 1 year before getting permitted to lease it. 5052