Final answer:
John has a couple of options for his present home: selling it or renting it out as an investment property.
Step-by-step explanation:
If John is a veteran who obtained a VA loan but is being transferred, he has a couple of options for his present home. One option is to sell the home, which would allow him to pay off the VA loan with the proceeds. Another option is to rent out the home and use the rental income to cover the mortgage payments. In this case, John could keep the home as an investment property while he is transferred.