The deal is part of the retailer's plan to restructure and focus on profitability by 2025.

I assume they would not finance for me (seller finance), but I was just wondering if anyone has purchased a foreclosure from the VA and if they were able to construct good deals.  

I'll bet you would dig thru 1000 properties if there are that many to find a decent OTC deal in Texas. 

Some friends and family are interested in buying in to the right deal, but I don't understand how they get paid (wrong specialty I guess).

The appeal is pretty much just the low monthly payment.Are there any ways to bring low money down on assumable mortgage deals to avoid paying a lump sum of $100k+?

Same goes for DSCR loans - even if theyre not on your credit report, if you PG'd the loan (which is almost always the case), it will be included unless there is a justification to exclude it (such as it's been paid by your entity for at least 12 months and is included in a business cashflow analysis).If you're finding good deals and have cash for downpayments, but are hitting DTI roadblocks to acquire more properties, then DSCR loans are likely the answer.

I'm tired of dealing with the tenant and just want to move on.  

How did you finance this deal?

Thank for the help instead of holding them is there a way to market these to a niche buyer that is looking for some rental income, would the numbers work better as a true development and sale deal?

We've done a lot of deals in the Carolinas.