Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Joshua Jones
1
Votes |
3
Posts

VA Construction Loan

Joshua Jones
Posted

In 2018 I had a major health crisis and almost didn't survive the year. I spent about 6 month on a feeding tube and vividly remember the Doctors telling my wife the odds were not good. By the Grace of God I am still here, but there are some lingering effects. My wife and I have been blessed with our first child and are quickly out growing our rental. I Work from home and am service connected. We have amazing credit and a small amount of money put aside. We started exploring housing and found that the VA Loan will work building a 4plex. This would allow us to live in one an rent out the other 3 in case, God forbid, something else happens and I can't work anymore. I located some land and found a potential builder. Checked with the city on Zoning and started my search for a lender. The problem is I am having a lot of difficulty finding any lenders who will work with me. Does anyone know of anyone who would work with a Veteran on a Project like this?

I have explored purchasing and there not really anything in the area that is not cost prohibitive or in a safe area. 

Most Popular Reply

User Stats

3
Posts
1
Votes
Joshua Jones
1
Votes |
3
Posts
Joshua Jones
Replied

@David Pere  Called them this morning,  thanks you the info.  Will let you know how it pans out. 

Loading replies...