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 3 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Jack B Slack
0
Votes |
1
Posts

Turning my ranch into a loan for my mortgage for my first duplex?

Jack B Slack
Posted

Hello, fellow real estate investors! I'm trying to join the group and purchase my first duplex moving to A&M out of the Marine Corps! I'm currently going through the disability process (service really hit me hard physically) and am expecting above 50% disability. with that being said I also will receive income from the gi bill for a housing allowance. UNFORTUNATELY, those sources of income have not been finalized and the gi bill isn't an official form of income according to the VA. However, my family does own an 11,000-acre ranch.

Is there a way I can take a HELOC type of deal out of the ranch so I can put approval for the loan for the duplex?

any suggestions or help would be awesome, have a nice day!

Loading replies...