Using a VA loan for a second property, where I’d move in and rent out my current home.When I made an offer on a fixer-upper (I didn’t win that bid), the loan officer mentioned it might be difficult to convince the underwriter why I’d need another VA loan for a second property in the same area, especially since the new home is almost identical to my current one (same size, age, school district, etc.).

Your offer should have included a requirement that the Seller transfer all tenant documents (application, payment history, lease, addenda, etc.), spare keys/openers/codes, prorated rents based on the day of closing, security deposits, and anything else pertaining to the rentals and tenants.

Can local investors in Real estate still gain returns that change family history?

People need to feel safe in their community as well as good schools, etc.

Schools are critical in real estate dont let anyone tell you otherwise and I am sure you know that by values in Seattle based on school districts.

Hello,We have tenants that moved to Florida from out of state and didn’t have rental history, jobs, and also a low credit score.  

Verifying last 2 years of rental history very important!

Beyond that there are hard money lenders who charge higher rates to take on more risk... but they again start by looking at you, your skill set, and your previous experience in both managing your credit, as well as your real estate investment history.  

Verifying last 2 years of rental history very important!

Verifying last 2 years of rental history very important!