Has anyone ever purchased a VA Foreclosure? Any tips or strategies that could be shared?

I’m an agent and small investor in Rochester and can help out.

Richard has been one of them, he is a very straight to the point person and actually wants to help someone.

Also be aware of Unrelated Business Income Tax (or UBIT) on leveraged real estate inside of an IRA.Or better yet, since you are self-employed - go with a truly self-directed Solo 401k plan, which would be a much better option and will help you avoid the UBIT on this investment. 

My home is in the middle of the woods too, but it has a million dollar view that helps boost bookings.

This helps you attract both deals and investors.

I purchased a home sub2 that was a pre foreclose. The bank is offering 2 options for modification. I pay $14k and keep 3.5% interested rate and $1900 payment or no upfront payment put interest go to 7% with $2500 paym...

OR you'd have to do 2 separate transactions and incur 2 sets of closing costs/ transactional costs. i dont think its a bad play, a lot of people leverage one to help them expand to the next. another challenge you will have, though, is pulling something small like $50k out. most lenders rn have a $100k min. you might be able to find less but then fees/ points will be a little excessive. 

Hello all,Newbie investor here asking for some assistance analyzing this new construction quadplex.  If you look at the report, this deal has such a low CoC return due to a high amount of expenses.  My question is the...

Super helpful info though.