Happy Father's Day to all our BP fathers out there.
I am getting ready to transition from active duty military to self-employed civilian. I have run into a complication I was hoping I could avoid. I am having some trouble using my VA loan as lender's are afraid of the insecurity self employment brings.
I am looking at several multi-family properties in the Clarksville, TN area. I do not have any under contract but am looking at about $200,000 for a quad.
Does anyone have any self-employed lenders or any creative buy and hold financing advice, experience or referrals?
While using my GI bill I will get between 3-4k per month not including my self employed income or the income the property will generate.
Hi @Kameron Patterson -
Happy Father's Day and additional and, perhaps most importantly, thank you for your service.
One quick clarifying question - do you have some capital of your own to put into any acquisition you pursue?
Well thank you for your support @Geoff Anderman
I have respect for all you fathers out there. Fortunately I do not have any kids yet.
I have been preparing for the 0% down payment loan backed by the VA. But to answer your question I do have some capital but as a small business owner I do not have a lot of capital.
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