(He was 96 so he didn't really understand what telling the bank would do.The key is to have sufficient reserves or access to capital to be able to pay off the loan.

And yes, when (and if) you are able to negotiate a great real estate purchase, put it under an ironclad purchase contract, and allow sufficient time to close, you’ll have your choice of “money sources” to finance the purchase.

Always have sufficient funds to make the monthly mortgage payment and always have additional reserves.

I haven't seen one yet that addresses the shortcomings sufficiently to make me believe they even understand the traps, that why I wrote that post. 

@Cooper SewellStraight from the VA Guidelines:Any purchaser may qualify to assume a VA loan; however, for a Veteran’s entitlement to be restored, a Veteran purchaser with sufficient entitlement must complete a Substitution of Entitlement (SOE) when the ROL is closed.

If you are looking for a multi-family property that has sufficient cash flow to be a viable house hack option, attend local real estate networking events and build relationships with the brokerage community that represents the properties that fit your acquisition criteria.

Typically, the hanging issue with quieting title relates to due process, specifically noticing entitled parties.Every state has very specific codes and case law that spells out what constitutes sufficient notice (due diligence search, U.S.

✅ Low operating costs✅ Low crime rate✅ Low risk of a natural disaster✅ Pro-business regulatory environment✅ A sufficient population for economic stability.

I find very little information on the subject, I contacted several real estate Attorneys and they did not have sufficient knowledge to advise me.

Best return is achieved using highest leverage but make sure you have sufficient reserves.