You have to explain it to the listing agent who doesn't get it, who then sends that to the seller, by telling them it's not that you have no money, but this is a right afforded to you based on your service to the country and you can also show proof of funds that you have money, but are choosing not to use it as a downpayment because you want to do reno with it.I would use your VA, that's what it's there for.

A good deal is a good deal, however with that said you also have to resell the property so you have to be in a place where people have money, access to credit, and want to live.   

Once complete, I expect this 4 family to gross $7K monthly, with a net cash flow of $3K and have $250K in equity built in.

I plan to put down $100,000, leaving a seller-held mortgage of $150,000 at an 8% interest rate with a 3-5 year balloon payment. 

I’m here to learn, grow, and connect with like-minded individuals who can help guide me along the way.I’ve been fortunate to build great networks so far, but I know there’s so much more to discover in the beautiful world of real estate.

Lastly, would it be better to introduce myself to the tenant as the owner, or as the new property manager?

Stripped to the studs, new electrical, new plumbing, restored original wood floors, and brought a 1946 gem back to its original form!

Hey everyone,I am looking to get in on my first deal.

Looking to buy a few 4-plexes in the next 1-2 years.

I'm looking to possibly flip or use the BRRR method to build a portfolio.