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.
Private Lending & Conventional Mortgage Advice
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 about 1 year ago on . Most recent reply

User Stats

5
Posts
2
Votes
Miguel Vazquez
2
Votes |
5
Posts

Private money loan for a primary home

Miguel Vazquez
Posted

Hello, 

I was talking to a Marine that is going to retire in the next 3-months. He found a home that he loves in Texas but can't get approved for a VA loan because he only has his pension as income. He has a good job lined up but won't get the offer letter until May.

This is a 20+ year veteran with plenty of savings and a solid financial plan. 

Is there a way to use private money or a bridge loan to allow him to buy the house and refinance after his retirement when his finances have settled?

Thank you in advance for any advice.

  • Miguel Vazquez
  • Loading replies...