#51 - Using Your VA Loan To Buy Your First House with Matt Thomas!
Hello and welcome to the American Land Man Podcast! In today's episode, we are back in the studio with Matt Thomas. Matt is a military veteran that used his VA loan to buy a house, invested in land, and created passive rental income with the goal of building generational wealth. The episode covers tips for buying land, including the importance of looking beyond listing pictures, verifying property size with tax ID information, the legal issues that can arise without a survey and the importance of researching taxes and trails before purchasing land. We Discuss:
-Taking advantage of VA loan to buy a house under 200 grand while still in the military
-The misconceptions about investing and how debt can be both good and bad for establishing wealth
-Utilizing VA loans for military members to buy a home with no down payment
-Inspect the property in person, as the pictures on the listing may not capture all potential value
-Historical data can provide important insights into land that may not be apparent from a listing
-Pay attention to property ownership and neighboring properties when looking for land.
-Start with a residential property and work your way towards land ownership
And much more! Be sure to subscribe to make sure you don't miss out on any future episodes!
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Sponsors:
-https://vitalizeseed.com
-https://packermaxx.com
-https://landgate.com/home
-https://1stproducts.com
-https://www.acres.co
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