Hopefully, they don't go bankrupt lol - In order to get started with the process, I have to pay $1000 deposit.

Key Steps Before ProceedingContact the Loan Servicer: They will guide you through the assumption process and confirm whether an entity can participate.Consult an Attorney: If you’re considering title transfers or joint ventures, an attorney familiar with VA loans can help you navigate potential risks.Understand Due-On-Sale Clauses: Ensure any post-assumption changes comply with the loan terms to avoid triggering repayment demands.Final ThoughtsVA loans are a unique and valuable financing tool, but the program’s focus on personal borrowers makes entity-based assumptions unlikely.

I'm in the process of having the Field Investigation done to determine my discount.

He doesn't really seem to know the process for investment properties.

Building in Charlottesville consists of a long, laborious process. 

This can lead to consistent limit increases every quarter, which opens up even more opportunities for growth.Having good rapport or a strong relationship with a credible accountant to help simplify and oversee this process is an amazing idea and highly recommended.

So take into consideration the holding costs of making no money for years into the process. 

@Jonathan Klemm we are in the process of making A LOT of renovations.

Purchase price: $255,000 Cash invested: $75,000 Sale price: $415,000 Getting a little more comfortable with our processes

You take a short class 30 minutes over the phone and once you finish this process you typically can save around 1% off your rate!