All Forum Posts by: Tia Wilson

Most definitely count me in if you guys meet up again. Good to network with other military folks. 

Definitely coming to the July Meet-up! 

Me too, 4 months into my first hack would love to attend your next scheduled event.

@Ken Nyczaj ok I've heard of that. That really helps thank you bc someone was talking to me about that and I turned it down. Gonna call them back now lol. Thanks.

@Paul Welden I'm using a VA loan but the VA Rehab loan is currently suspended right now. The program works like a 203K. So now I'm looking for something similar but still use my VA loan.

Since no is offering the VA Rehab loan right now 😔 do anyone in the Houston area have rehab lender recommendations? I haven't quite figured out how to filter that out in the BP app. Thanks Guys!

@Nicholas Bolcon

That is sound advice. I'll just keep saving while I'm looking and analyzing

I'm down for a live in flip situation. Thats ideal to me. Maybe I'm on the right track just have to keep looking. The issue is VA standards

I'm running my numbers as of present not future. I was told basing numbers on appreciation was bad. 

Hey BP! I appreciate you taking the time to read my post and any advice you can offer.

I'm having a little bit of a struggle trying to find my first home. I'm using a no money down VA loan to find my primary residence. I plan to live in the home for at least 2-5yrs. My goal is to find a home that cash flows, purchase under market value, do forced appreciation, cash out refi then use that money to buy investment properties. Easy right?! Uggghhh! 3 months later and nothing so far.

The issue I'm running into is here in Houston it's 90% SFHs and I'm being out bid every single time. The last 2 homes I was able to get under contract had issues that would not meet VA appraisal standards. The other issue is many of the homes I'm finding will not cash flow unless I put money down. I don't have that plus closing cost and renovation funds.

Any other VA loan users ever run into this problem? What was your remedy/strategy? Maybe I'm just not being patient enough but it's hard out here for 1st timers in this very competitive market. Especially in Houston. Thanks yall!