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Updated over 3 years ago on . Most recent reply

User Stats

10
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4
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Patrick Reisinger
  • Rental Property Investor
  • Baltimore, MD
4
Votes |
10
Posts

VA loan to purchase 5 acres with 3 manufactured homes in Mid-TN

Patrick Reisinger
  • Rental Property Investor
  • Baltimore, MD
Posted

Hello BP lender community,

I've been shot down a couple of times by conventional lenders telling me that the VA will not approve of 5 acres with a double wide and two singles. The double wide has a permanent foundation and the two singles are rented for ~ $1k per month. The purchase price is $400k and located 30 min south of Nashville, TN.

I’m pretty sure there are lenders who will be able to work with me in this. I look forward to your advice and help :)

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