All Forum Posts by: Bethany Virago

@David M.

Thank you for the information! I did know that some lenders will take potential rent as income. I will look more into this to see if I can make it work out.

@Jonathan Anderson you mentioned seller financing have you or someone you know done this or have experience with this? I’m interested but do not know how to approach the situation.

@David M.

Thanks David! I felt as though that’s what the answer was going to be. Looks like I’m either going to have to make time for a w-2 job for sometime, wait, or look more into finding seller financing options.

So I have worked my tush off working on my credit it's not the best now but good enough. Now where my problem lies is I am just starting to work for myself. I had some time in 2019 that I worked for myself and I started again this April 2020. I do not have someone to co-sign. I know that there are other financing option but utilizing my VA loan option seems to be the best route. I feel stuck because I want to continue with being self employed but don't want to wait 2 years.

@Sean McDonnell Thank you! I have found it harder to find duplexes in Arizona but I am also new to the area. I have thought about doing a traditional house hack and really want to do the BRRRR strategy. The one thing that has held me back is that I have my children part of the year and they spend the other part of the year with their father. I have thought about doing Airbnb because then I can choose when I want guests but have not looked much into Airbnb. Thank you for giving me more to think about!

@Benjamin Tighe I did not know that. Thank you so much for that information! Thank you for your service as well! Best of luck!

@Paul Defngin thank you very much! I’ll be in contact!

-Bethany

@David M. I do plan on occupying one of the units myself. This is my first home and am very new to the loan process. Thank you for the information!

-Bethany

@Tanner Malmkar Thank you very much! I am looking to house hack and live in one side of the duplex. Thank you for letting me know about the funding fee!

-Bethany Virago

Hey BP!

I want to utilize my VA loan benefit and am looking where to start and what the cons may be. I am looking to purchase a duplex in the Tucson area. I have been working super hard to rebuild my credit and therefore the 0% down is really appealing. I do not have a huge savings to put anything down and I do not want to spend years saving when I feel like I can get started now. Any advice helps.

Thank you!