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Could I purchase a Condo Hotel utilizing my VA loan entittlements?

April 26, 2017condo hotel loan purchase utilizing VA

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Could I purchase a Condo Hotel utilizing my VA loan entittlements?

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Justin, a condo hotel is a different category than a condo, and is difficult to finance now by any lender. Elgladiador, I am sure there are many condos that you can buy in Las Vegas, and for various reasons may be better off avoiding the condotels. You should look for a condo that can be approved by FHA so that you know that the condo guidelines are met as far as owner occupancy and other issues are concerned.