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Updated over 4 years ago on . Most recent reply

What to do while waiting to close on new construction
So, I'm under contract for a new construction quad with a VA loan. It's a great situation except I'm advised not to do anything else until we close Q1 2021 and it's killing me! The financial portion is less important waiting that the fact it's VA and not to worry the underwriter I'm told.
Any way to invest off the books in the meantime even with some down (15-20k)? Owner financing?
Thanks in advance!
Most Popular Reply

@Chris Rowland
Invest with a partner. Form an LLC you're 50/50 legally but the partners name is the only that appears on the mortgage. Or be a hard money lender to another local reputable investor.