BiggerPockets Real Estate Podcast host @Dave Meyer want's to help our community learn by giving real life examples of deals folks from our community have purchased or are considering purchasing by reviewing these deals and walking through step by step how he would think of this deal!

I’m looking to use my VA loan again for my 3rd home, after learning I still have some entitlement left.

In fact, a common colleague of Chris and mine worked with them for a few years but departed once he learned of the issues outlined above.   

I have found a couple masterminds that are tempting and I think would help me learn quickly but they are anywhere from 7-15k and the general sentiment I've found is to avoid these if possible.

I'm new to the community and excited to learn from all of you.

You can also learn average costs for common repairs in your market to get a ballpark figure yourself.

Lessons learned?

It offers a learning curve that prepares you for your own property investments and builds a brand that people trust.

Because you are self servicing your loans most are not legally compliant with consumer protection laws and CFPB requirements such as sending statements on a monthly basis that have all the language the CFPB requires as well as each state may have additional requirements for sending out just a simple statement.

If you get it back expect to pay a good amount in legal feesIf you’re friend did the same they are up the creek too.Hard lesson to learn.