No one in my family really does real estate except for my mom which rents in PR and a couple houses in Dominican Republic but these were things that happened by chance (DR houses were inherited and PR was our primary residence when I was little) ...  

It’s not that these expenses aren’t important—they should absolutely be planned for even if the property isn’t producing extra cash monthly.So no, you’re not misunderstanding—it’s just that the guest may have assumed investors in this strategy are prepared for such expenses through other means, like savings or planned reserves.Thanks for your input!

Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.

Investment Info:Single-family residence buy & hold investment.

I bought it about 9 years ago as a primary residence, which keeps my taxes low.

Once you’ve chosen a home, we buy it, renovate it, place a resident, and offer it to you for purchase.

Investment Info:Single-family residence fix & flip investment.

Investment Info:Single-family residence wholesale investment in Rome.

My wife and I are officially under contract with a new primary residence, with the goal of moving and then turning our current home into a rental.

I currently own my primary residence and have about 60k in equity.