Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago, 12/05/2021
VA loan to purchase 5 acres with 3 manufactured homes in Mid-TN
Hello BP lender community,
I've been shot down a couple of times by conventional lenders telling me that the VA will not approve of 5 acres with a double wide and two singles. The double wide has a permanent foundation and the two singles are rented for ~ $1k per month. The purchase price is $400k and located 30 min south of Nashville, TN.
I’m pretty sure there are lenders who will be able to work with me in this. I look forward to your advice and help :)