<p><strong>Discover the world of real estate investment through the eyes of Eric Browning, a former Marine turned specialty lender, in this insightful episode. Eric shares his transition from military service to real estate, sparked by an opportunistic property purchase during the 2007-2008 financial crisis. He delves into the nuances of using VA loans for investment, stressing the importance of aligning with lenders who understand your long-term goals. Learn the art of balancing affordable monthly payments and leveraging VA loans&#39; unique benefits for first-time investors. Eric&#39;s approach to using projected rental income for financing larger multi-unit properties is a valuable takeaway for anyone looking to navigate the real estate market smartly. Join us for an episode filled with practical advice, grounded in the disciplined perspective of a former Marine.</strong></p> <p> </p> <p>- πŸ’Ό Eric Browning, a former Marine, and specialty lender, discusses using VA loans for real estate investment.</p> <p>- 🏠 He bought his first property during the 2007-2008 financial crisis, inadvertently starting his real estate journey.</p> <p>- 🀝 Eric emphasizes the importance of understanding your long-term real estate goals when getting started.</p> <p>- πŸ“ˆ He recommends working with a lender who comprehends your goals and presents suitable loan program options.</p> <p>- πŸ’° Eric advises focusing on affordable monthly payments instead of fixating on interest rates.</p> <p>- 🏑 VA loans are advantageous for beginners, as they allow for investing with &quot;guardrails&quot; and minimal down payment.</p> <p>- 🏒 Projected rental income from multi-unit properties can be used to qualify for larger purchases.</p> <p>- πŸ“Š The discussion touches on residual income calculations used with VA loans.</p>

Real Estate from the Foxhole w/ Oliver Perry

Oliver Perry

Marine to Mortgage: Eric Browning's Journey with VA Loans in Real Estate

JAN 24, 202449 MIN
Real Estate from the Foxhole w/ Oliver Perry

Marine to Mortgage: Eric Browning's Journey with VA Loans in Real Estate

JAN 24, 202449 MIN

Description

<p><strong>Discover the world of real estate investment through the eyes of Eric Browning, a former Marine turned specialty lender, in this insightful episode. Eric shares his transition from military service to real estate, sparked by an opportunistic property purchase during the 2007-2008 financial crisis. He delves into the nuances of using VA loans for investment, stressing the importance of aligning with lenders who understand your long-term goals. Learn the art of balancing affordable monthly payments and leveraging VA loans&#39; unique benefits for first-time investors. Eric&#39;s approach to using projected rental income for financing larger multi-unit properties is a valuable takeaway for anyone looking to navigate the real estate market smartly. Join us for an episode filled with practical advice, grounded in the disciplined perspective of a former Marine.</strong></p> <p> </p> <p>- πŸ’Ό Eric Browning, a former Marine, and specialty lender, discusses using VA loans for real estate investment.</p> <p>- 🏠 He bought his first property during the 2007-2008 financial crisis, inadvertently starting his real estate journey.</p> <p>- 🀝 Eric emphasizes the importance of understanding your long-term real estate goals when getting started.</p> <p>- πŸ“ˆ He recommends working with a lender who comprehends your goals and presents suitable loan program options.</p> <p>- πŸ’° Eric advises focusing on affordable monthly payments instead of fixating on interest rates.</p> <p>- 🏑 VA loans are advantageous for beginners, as they allow for investing with &quot;guardrails&quot; and minimal down payment.</p> <p>- 🏒 Projected rental income from multi-unit properties can be used to qualify for larger purchases.</p> <p>- πŸ“Š The discussion touches on residual income calculations used with VA loans.</p>