VA "Vendee" Financing - Good?

[Owen Dashner]

I'm curious to see who here has purchased an investment VA property using "vendee" financing. Please describe the process, whether it was as straightforward as it seems, and what your associated costs were. Also, would you do it again?

There have recently been a bunch of new VA listings pop up in my market that offer the "5% down" option for investors. Since 5% down deals are otherwise unavailable for the most part, this appears to be an attractive method to acquire rentals, and I would liike to hear the pros/cons from those experienced in using this type of financing for deals...