2023 Real Estate Investment Strategy: Assume VA Loans

[Brandon Wagner]

Recently I have been seeing a lot of negative posts about how there isn't a way to invest in real estate in the current 2023 environment. (High prices and even higher interest rates) I am here to present an option to help the Real estate investing community.

Unfortunately the strategy isn't available to everyone, only Veterans, but hey they served our country and deserve some special treatment. (Yes I know you can assume a VA loan without being a veteran, but that is a needle in a haystack opportunity and far less common to find because most veterans aren't willing to keep the VA Loan entitlement in there name, they want to transfer it to the new buyer.)

In my market of Northern Virginia, I am seeing an increasing number of agents offering, their seller clients, Assumable VA loan at 2%-4% interest rates.

If you're a veteran take advantage of this opportunity to "travel back in time" to when rates were below 4% and lock up a great deal!

Are others seeing the same opportunity in your market or taking advantage of it already?

[Joaquin Camarasa]

I just represented a seller that had a VA assumable loan at a 2.8% interest rate in a condo in Washington DC. We closed two days ago.

It can be a win-win for both buyers and sellers. 

The seller made more money by marketing the rate, we listed at a higher price point due to the assumable loan. The property was still attractive to buyers as they were saving one third of the mortgage payment. The whole process took about 90 days. It was a great experience. Definitely a good strategy to have in your tool box.