All Forum Posts by: Amanda Nelson
Amanda Nelson has started 1 posts and replied 2 times.
@Jay Hurst - Thanks for responding. Can you confirm you're saying VA loans are assumable for investors?
I would plan to long-term rent the property from day one and would never reside in the property before renting.
Hello - I found a very compelling investment property and the agent and her preferred lender are suggesting that the VA loan currently on the property is assumable by a real estate investor. I've asked for the loan details so I can see the terms and fine print of the loan myself and am doing extensive research, but would love info from the community.
Have any of you ever successfully assumed a VA loan on an investment property?
Are there any questions you'd suggest asking to better understand this loan structure and its potential limitations?
Are there any resources you'd suggest looking into to understand loan assumption, especially VA loan assumption?
Thanks in advance for the help!