2 years ago

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Aside from zero downpayment and lower interest rates, VA loans can also be used for real estate investing. This is a strategy that many veterans aren’t aware of and that’s what Gervon Simon is helping people learn.

Watch this video to learn more about using VA loans to fund investments and how you can take advantage of them if you’re eligible for them!

Key Talking Points of the Episode

[00:00] Introduction
[00:15] What advantage do realtors have in finding deals?
[02:15] How many VA loans can a person have at a time?
[03:01] What is the VA home loan limit?
[03:30] How can you work around the VA home loan limit?

Quotables

“Honestly, I have an incredible advantage. I’m a realtor, I know the market better than 90% of the population and I know it intimately.”

“A lot of investors don’t understand the market as well as I do because I’m practicing it day in and day out.”

“Most people are only gonna flip a few houses a year. I’m selling over 60 houses a year, so every month, I’m selling on average 5 houses.”

“I’m able to constantly see the changes and the neighborhoods that are going up or down.”

“There’s no limit on the number of VA loans that somebody can have under their name. The only limit is whenever you own one or more homes with your VA loan based on the county you’re in or you’re purchasing in, they have a VA county loan limit.”

“Once you exceed that point or the price exceeds and puts you over that county loan limit, you just have to put 25% down on the difference.”

“Like I said, I’m not getting a lot of margin, but at the end of the day, it’s an asset regardless.”
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Private Money Academy Conference: https://www.jayconner.com/learnrealestate/

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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.

#RealEstate #PrivateMoney #FlipYourHouse #RealEstateInvestor

What is Real Estate Investing? Live Private Money Academy Conference
https://youtu.be/QyeBbDOF4wo

YouTube Channel
https://www.youtube.com/c/RealEstateInvestingWithJayConner

iTunes:
https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034

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