All Forum Posts by: Account Closed

Well being a former Marine and now a real estate investor I would say to save your benefits. Utilizing your VA Loan would require you to actually live in the property. I would recommend you do it the way everybody else is with no money down or lenders.

Thanks for all of the feedback. I could not have asked for more. I feel a so much prepared just being on this blog. Hopefully one day I will be as knowledgeable as you guys and I will be the one giving advice. Thank you so much!

Awsome! Great Feedback and Thank you so much! I do have a couple of questions though. The note means there is just a $4,000 difference right? And what exactly is a due on sale clause? Please break it down Barney stile for me please.

@Brian Gibbons

Hi I'm a newbe in the investment side of real estate. So I have a seller wanting to make a deal for their home via subject-to. Needs no repairs. Comps put the house at $158,000. She ows $96,000 but wants $100,000 for the deal. Her monthly mortgage payments are $640 & $240. She already has tenants in the property that pay $1300 per month. What do you guy think about this deal. It would be my first subject-to and really wnat your guys feedback on this one. I'm a little nervous about this one.