In Killeen, most of the fourplexes in what I consider the quality fourplex areas are listed between $180,000 - $200,000.And yes, a VA foreclosure is essentially no different than any other kind of foreclosure. 

Essentially, you have the deal and they provide the capital. 

A lot of the philosophical things the people who create Basecamp try to avoid, seem to me to be very essential when time = money.  

If that's the case, look into whether you could apply for an accessory unit (mother-in-law apartment) as a special use in a SFR zone district.  

In 5-10 years when millennials start making families, there will be even higher demand for good homes in good school districts.- 25K in cash from your equity does not give you enough 20% downpayment to buy anything better as a rental around here

They retain control of the home, but have essential given their home to the recipient before they passed while retaining the rights to use the home.

If you could find a Gap lender to cover the 30% down, you would essentially have a 0 down deal. 

Pay attention to what school districts are selling quickly, how much rehabbed houses are going for, how much houses that need work are good for, ectAlso spend time going to open houses to get an idea for what the market is like.  

The service essentially marries the investor with the money source and manages the monitoring of the deal from beginning to end.I was wondering if these companies are viable option for hard money lending, what kind of experience have people had and what features are desirable for such companies.Thanks in advance for your replies.

It's important to me that we purchase in a school district that I'd be willing to send my own kids.