Assistance with maximizing the use of a VA loan
Hello,
My wife and I are relocating in October to Oceanside, CA. We are really interested in getting our feet wet in REI. The most effective vehicle we have right now to purchase our first property is using a VA loan for the first time. We have been pre-approved.
We have been studying the market for the last month in the Oceanside area since I will be stationed in Camp Pendleton but nothing that we see seem to work with our numbers.
I have asked the RE agents we've worked with about purchasing a short sale or foreclosure but they are always reluctant to proceed.
I don't read anywhere that VA can't be used to purchase short sales or foreclosures.
Can anyone assist me with any ideas (conventional or unconventional) on how we can use our VA loan to our advantage and maximize the benefit?
***We are aware of most of the prerequisites we must abide by using the VA loans. I am just looking for advise, ideas or guidance from someone who started in a similar way.
Thank you