Updated over 7 years ago on . Most recent reply
Need advise on VA loan strategies
Hello BP, I hope everyone's day is going well. I'm expect to buy my first home/rental in the next 4 months. My father in-law is currently in the army and is offering to help us with a VA loan to purchase the home and sign it over to my wife and I. My wife's income has increased by 20k allowing us to handle the loan but we still have a unsecured debt slowing our progress. Best case scenario is getting a home and absorbing the unsecured debt into it, thus freeing up a large amount of monthly expenses for additional payments. Is there a common strategy for achieving this? I'm a realtor in Salt lake City and feel like I have all the resources to do this, just no experience on how to do it well.