35 min
A Comprehensive Guide to Unlocking the VA Loan with David Perre The Military Millionaire Podcast
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- Investing
Let’s embark on a deep dive into one of the most beneficial yet misunderstood financial tools available to military personnel and veterans: the VA loan.
This episode of the Military Millionaire Podcast, host David Pere deconstructs common misconceptions about the VA loan. It covers eligibility, the importance of the Certificate of Eligibility (COE), joint financing options, using the VA loan more than once, and avoiding common pitfalls like occupancy fraud. The discussion also navigates through the intricacies of buying properties, the VA funding fee, refinancing options including the Interest Rate Reduction Refinance Loan (IRRL), and leveraging the VA loan for house hacking.
What You’ll Learn:
The advantages of VA loans, such as 0% down payment and potential for lower interest rates.
The importance of true intent to occupy the property purchased with a VA loan.
The VA's power to negotiate to prevent foreclosure for their homeowners.
Requirements for pre approval, including job and income proof, are explained, excluding GI bill or BAH income.
And so much more!
Timestamp:
00:01:35 The Ultimate Guide to VA Loans: Eligibility, Benefits, and Misconceptions
00:02:56 Navigating VA Loan Entitlements and Investment Strategies
00:03:05 Understanding VA Loan Eligibility and Requirements
00:06:10 Maximizing Your VA Loan: Buying Strategies and Limitations
00:07:24 VA Loan Myths Debunked and Real Estate Investment Tips
00:11:37 The VA Loan Process: From Application to Closing Costs
00:14:50 Leveraging VA Loans for House Hacking and Real Estate Investing
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Snag a FREE copy of my book, and get connected to the Military Millionaire community on all of your favorite platforms: https://www.frommilitarytomillionaire...
Join The War Room Mastermind (no, not Andrew Tate's knockoff), the only mastermind exclusively for service members and veterans striving to achieve financial freedom: https://www.frommilitarytomillionaire...
#militarymillionaire
-
Recommended books and tools: https://www.frommilitarytomillionaire...
-
SUBSCRIBE: https://bit.ly/2Q3EvfE
-
Website: https://www.frommilitarytomillionaire...
Instagram: / frommilitarytomillionaire
Facebook: / militarymillionaire
-
My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom!
-
Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE
to the channel for more awesome videos!
Let’s embark on a deep dive into one of the most beneficial yet misunderstood financial tools available to military personnel and veterans: the VA loan.
This episode of the Military Millionaire Podcast, host David Pere deconstructs common misconceptions about the VA loan. It covers eligibility, the importance of the Certificate of Eligibility (COE), joint financing options, using the VA loan more than once, and avoiding common pitfalls like occupancy fraud. The discussion also navigates through the intricacies of buying properties, the VA funding fee, refinancing options including the Interest Rate Reduction Refinance Loan (IRRL), and leveraging the VA loan for house hacking.
What You’ll Learn:
The advantages of VA loans, such as 0% down payment and potential for lower interest rates.
The importance of true intent to occupy the property purchased with a VA loan.
The VA's power to negotiate to prevent foreclosure for their homeowners.
Requirements for pre approval, including job and income proof, are explained, excluding GI bill or BAH income.
And so much more!
Timestamp:
00:01:35 The Ultimate Guide to VA Loans: Eligibility, Benefits, and Misconceptions
00:02:56 Navigating VA Loan Entitlements and Investment Strategies
00:03:05 Understanding VA Loan Eligibility and Requirements
00:06:10 Maximizing Your VA Loan: Buying Strategies and Limitations
00:07:24 VA Loan Myths Debunked and Real Estate Investment Tips
00:11:37 The VA Loan Process: From Application to Closing Costs
00:14:50 Leveraging VA Loans for House Hacking and Real Estate Investing
-------------------------------------------------------------------------------------
Snag a FREE copy of my book, and get connected to the Military Millionaire community on all of your favorite platforms: https://www.frommilitarytomillionaire...
Join The War Room Mastermind (no, not Andrew Tate's knockoff), the only mastermind exclusively for service members and veterans striving to achieve financial freedom: https://www.frommilitarytomillionaire...
#militarymillionaire
-
Recommended books and tools: https://www.frommilitarytomillionaire...
-
SUBSCRIBE: https://bit.ly/2Q3EvfE
-
Website: https://www.frommilitarytomillionaire...
Instagram: / frommilitarytomillionaire
Facebook: / militarymillionaire
-
My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom!
-
Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE
to the channel for more awesome videos!
35 min