Greenwood, IN · Member since 2012 · 95 posts · 17 votes
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.
Greenwood, IN · Member since 2012 · 95 posts · 17 votes
11y
Well thank you for your support @Account Closed
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.