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Updated about 10 years ago on . Most recent reply

User Stats

235
Posts
46
Votes
Brandon Proctor
  • Wichita, KS
46
Votes |
235
Posts

Approved for VA Loan Now what?

Brandon Proctor
  • Wichita, KS
Posted

Just got a phone call today about an inquiry I had about using my VA Loan. I was approved, now what!? The obvious answer is find a home in my price range that fits my needs and a property that will resale or rent out well in a year.

Sounds simple and probably is but being the novice that I am right now I don't know how to sniff out deals in my area. Also I'm thinking long term, if I would come out better fixing up the property and renting it out after I move out or putting it on the market.  I know there are a lot of variables that go into these types of decisions so like with every question I have had in the last few days I'm running to BP!

Any and all insight is welcomed.

Most Popular Reply

User Stats

4,311
Posts
3,998
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Jerry W.
  • Investor
  • Thermopolis, WY
3,998
Votes |
4,311
Posts
Jerry W.
  • Investor
  • Thermopolis, WY
ModeratorReplied

Congratulations @Brandon Proctor , my advice is to start learning your market.  Use Zillow and other lo9cal listing places and start finding out what sells for how much and where.  The key to finding a deal is being able to recognize a deal when you find it, also learn what to look out for.  Once you have familiarized yourself with the market start going to look at properties.  you can hook up with local investors there for help once you find some you are interested in.  You are a bit too far from me for me to help you with pricing.

  • Jerry W.
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