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TDIU - buying duplex
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kevin4998
I am rated at 90% with TDIU.
I also have Social Security Disability
I make 150 per month off pension from state
I know I am not allowed to earn any substantial income but I am looking at maybe a duplex up to a quadplex (but rare with 3 bedrooms) home.
I will live in one of the units
VA Home loan program will cover up to quadplex (as least thats what I have been told as long as I do live in one of the units)
I am wanting to do this because most of my income comes from the federal government, and if for some reason one or the other or even both stops.. i wil at least have my home being paid for buy renters hopefully (thats the plan)
Social Security Disablitiy is pretty straight forward.. I can only make 1,170 per month. Which I can stay under even if quadplex.. i just wouldnt rent the fourth apartment out and reserve it for family in need on an emergency basis.
VA Compensation TDIU is a bit more complex on the rules.
No substantial income.. thats vague and can be interpretated by an individual in many differenient ways.
I would like some feed back on this from as many people or hopefully others that have went down this same path I am looking at.
Thanks in advance!
Kevin
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