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Updated almost 3 years ago on . Most recent reply

User Stats

8
Posts
7
Votes
Devin Voelker
7
Votes |
8
Posts

VA Home Loan Question

Devin Voelker
Posted

Hey everyone! I'm new to real estate investing and I'm going to buy my first multi-family property with the VA home loan in 7-10 months I was wondering if anyone could give me advice on how to get 75% of the rent income from said property to increase my buying power. I have the 6 months reserve that's required but I don't have any experience managing a rental property. Is there any way around having that experience? Should I call a bunch of lenders until someone says they can do it without the experience? Or am I just out of luck on this one? Any piece of information helps thankyou!

Most Popular Reply

User Stats

15
Posts
9
Votes
Edward Tindale
  • Lender
  • St. Petersburg, FL
9
Votes |
15
Posts
Edward Tindale
  • Lender
  • St. Petersburg, FL
Replied

Hi @Devin Voelker, I would recommend reaching out to @Raymond J. Rodrigues. He's local to the Florida area and has a lot of experience with VA loans.

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