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Updated about 11 years ago on .

User Stats

30
Posts
6
Votes
Michael Damazo
  • Homeowner
  • Lemoore, CA
6
Votes |
30
Posts

Central California VA Loan First Home

Michael Damazo
  • Homeowner
  • Lemoore, CA
Posted

I am looking to use my VA Loan to own my first property. However, I do still have debt 25k which composes of an auto loan and consumer credit card.

My plan is to purchase a 3-5 bed room home. I would rent out the extra bedrooms. I wanted to wait till I either till I eliminate my debt and obtained my real estate salesperson license.

What would everyone suggest to someone who has a debt to income ratio of 32%