VA loans can be used to purchase a condo, like a single-family home. Buyers should understand requirements and ensure the condo is on the VA-approved condo list.  The VA-approved condo units listing will be necessary for you and your lender to know about. This extensive database is where any Veteran
Manufactured homes can use VA loans but mobile homes cannot use a VA loan. VA loans for manufactured homes will require special considerations from the VA. In some cases sellers and real estate agents will refer to a manufactured home as a “mobile home”. It is important to understand what
VA loan water test requirements are mandated by both the VA loan and the lender. This requires the buyer to produce documentation showing the water is safe. If purchasing a home that has cisterns, private wells, and shared wells you will be required to have water tests if using a
The upcoming VA Loan changes for 2023 are creating a buzz! With the entire real estate market undergoing some exciting changes, benefiting buyers, sellers, and investors alike, one change we will see is the VA Loan appraisal changes for 2023. This process remodel is being implemented to help make offers
Buying a home for the first time can be extremely exciting. Knowing how the process works so, you can be prepared before diving in will make your experience smooth. Below are three tips to help you navigate the home-buying process. First-Time Homebuyer Tip #1: Build your team Finding
Here’s how I find Private Lenders… 1. I post on Facebook about what I’m doing in REI. Only some of the time. It doesn’t have to be “live” or with your face, but those DO get more responses- even just something about the webinar I just attended or a
There is a lot of discussion in the real estate investing world about the teachings of Dave Ramsey and Robert Kiyosaki– and who is correct in achieving financial freedom. Research is one of the first things you do when you start your journey to financial freedom. Google, youtube, pick up
Who in your inner circle–your family, your close friends, your 1st cousins, parents, grandparents, aunts, uncles, high school buddies, etc– knows EXACTLY what you’re doing in real estate investing? Hopefully, you can say with confidence: all or most–but realistically, very few or none of those individuals know what you’re doing
Written by: NCH If you’re self-employed, or if you’re paying someone that’s self-employed, you need to be aware of the rules for issuing 1099’s. The IRS has established guidelines for reporting various income that is not reported on the standard W2 Forms. There are 21 different 1099’s that can be
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