Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Buying & Selling Real Estate
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 7 years ago,

User Stats

507
Posts
170
Votes
Kevin Phu
  • Rental Property Investor
  • San Diego, CA
170
Votes |
507
Posts

Buying Discounted Property with VA Loan

Kevin Phu
  • Rental Property Investor
  • San Diego, CA
Posted

Hey all! So I am looking to use my VA loan for a property to house hack. With all the strict VA guidelines and such, how feasible is it to be able to get a somewhat distressed, more along the lines of very outdated but livable, property with a VA loan?

Has anyone had any success finding an off market property where the seller was willing to comply with the VA loan guidelines such as having to pay for termite inspection and clearance, strict appraisal/inspection, etc...?

Lastly, say I were to find a property off market and I am currently working with an agent for MLS listings, should I bring my agent in to be a dual agent or should I go in without an agent which would, I assume, entice the seller more to sell due to not having to pay commission. Mind you this would be my first purchase but I have looked at the CA RE Associations purchase agreements and such so I am somewhat familiar with that and the process. Just not 100%.

Loading replies...