is the seller paying any costs that would reduce the 90k that you want to offer? 

I say hopefully because many of these payments are reduced or altogether eliminated by any amounts owed by the beneficiary to other government agencies, such as income taxes, loans, etc.Bottom line is that this is a business, requiring all the skills and assets and expenses necessary for all businesses.

. :) I think you can technically have more than one VA loan at a time, it's just that the value of the loan to you will be reduced by whatever was used on the previous loan such that you won't be able to get another one unless you have enough money to make up the difference on the down payment.

@Nathan Furlow If it’s only $25,000 and you have the space without reducing the size of a bedroom significantly or something I’d do it.

GO TO REDFIN,  SEARCH YOUR FAVORITE ZIP CODELOOK UP WHATEVER PROPERTY TYPE YOU WANT AND GO TO "SOLD" PROPERTIES WITHIN THE PAST 3 MONTHS ONLY OR EARLIER GO DOWN THE PAGE AND CLICK "DOWNLOAD ALL"IT WILL THEN PROMPT YOU TO OPEN AN EXCEL DOC- OPEN IT-FROM THERE FILTER THE PROPERTY PRICE LARGEST TO SMALLESTFIND THE AVERAGE PRICE BY HIGHLIGHTING THE ENTIRE "LIST PRICE" COLUMN OF THE SOLD PROPERTY SPREADSHEETAFTER CLICKING THE "AVERAGE" FUNCTION, YOU WILL BE GIVEN A DOLLAR AMOUNT- (BOLD THAT FIGURE) THEN GO TO THE SQUARE FEET COLUMN  AND DO THE SAME- FIND THE AVERAGE SQUARE FOOTAGE - THEN CLICK "AVERAGE" HIGHLIGHT THAT FIGURE TOODIVIDE THE AVERAGE DOLLAR AMOUNT OF ALL THE PROPERTIES SOLD WITHIN MAX 3 MONTHS FROM THE AVERAGE FIGURED SQUARE FOOTAGE TO GET YOUR MEDIAN PRICE PER SQUARE FOOTYOU WILL USE THIS FIGURE TO DETERMINE IF A PROPERTY WITHIN YOUR PREFERRED AREA CODE IS DEEPLY DISCOUNTEDTHEN, YOU WILL GO BACK TO REDFIN AND CHANGE THE SOLD TO ACTIVE AND DO ALL THE FILTERS PER YOUR PREFERENCE- "PUT IN KEYWORD AREA- "TLC" "CASH PURCHASE" , "NO FHA" AND "UNINSURED" AS WELL AS HAD A PRICE REDUCTION - EITHER MUTLTIPLE OR AT SOME POINT WHILE IT WAS LISTED HAS A REDUCTION (THIS USUALLY MEANS SELLER HAD HIS LISTING AGENT REDUCE PRICE BECAUSE HE WANTS TO SELL QUICKLY- ) SO IF A PROPERTY YOU FIND (AND THERE ARE A LOT) HAVE HAD 3 REDUCTIONS IN PRICE AND HAS BEEN LISTED FOR AWHILE...

A portion of each payment could reduce the option strike price.

Wall Street thought we were going to get six- eight rate reductions this year we’ve seen none so far and stagflation is setting in , the Fed is trapped , if they reduce rates now , inflation could catch on fire if they increase them again too much something in the economy will break I think we’re in this holding pattern for one to two years personally, I don’t claim to be a macro economic expert, but I do study it quite a bit and I’m not counting on or expecting rates to come down anytime soon and even if they do, they’ll just be small quarter-point rate hikes not enough to make a huge difference in cashflow, so ..I either hold and if they do decrease rates, there will  probably be another asset inflation bubble, which will increase my appreciation, or my cell and deploy the capital more wisely and look for some market softening and buy a good deal

I'm looking for some methods that they may use to make contact, so that I may use them.You make a good point about the step up in basis, which would probably reduce any incentive for a sale directly from the owner at this point.Is there a way to look up a beneficiary/trustee when the time comes that he passes?

Bryan, with older VAs, the pricipal has been reduced so there can easily be enough bandwidth, newer VAs I beleive go up to something like 200+K, doesn't mean they use all of that to buy the first home under a VA, so there can be more to tap into, especially at today's prices.The best way to disclose, IMO, is to say that you may not be eligible for another VA loan, I wouldn't tell them they can't unless I looked at their entitlements and loan balances.I haven't done VAs for so,me years now, the amounts of the entitlements change with the median price of homes, I have never seen them come down, but I guess they could...later

What do you think about reducing the rent by $100 and transferring the utilities to the tenant's name?