I’m about to PCS to San Antonio for a year and was considering buying an investment property to live in while I’m there, then rent out after I leave.My question is this: since we’re restricted in getting fixer uppers with the VA loan (I know there are renovation loans), what are you looking for with the property?

Are you only in Virginia?

I recently got the opportunity to purchase a subject to deal with a VA loan at 2.6% interest rate.

I have found some land that is zoned for multi family and I recently heard about the VA 0 down Construction Loan.

I was thinking of a VA also.Like Luke said have business hours and get back to people when your "open".They can call 911 for a real emergency.

I thought this might be an interesting discussion, and I wanted to see your thoughts.The context: I am currently evaluating an out-of-state duplex in Richmond, VA which is in a C class neighborhood with upside.

Maybe some mid-sized burbs in NC or VA?

Using your VA loan benefit is another great way to get started in real estate investing.I’m active duty Air Force with four properties.

For VA loans, I think I can speak for almost all of us in stating no veteran is likely going to let you assume the loan unless you also are a veteran and can use your VA loan entitlement.

The issues with assumable mortgages is that they are for FHA, VA, and USDA.