Latest / The Active Duty Passive Income Podcast / VA loan is either your wealth tool or it's your biggest miss | Ep 392

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VA loan is either your wealth tool or it's your biggest miss | Ep 392 · The Active Duty Passive Income Podcast

• 0:00
  Speaker: Yo, yo, yo, everybody.
• 0:01
  Speaker: We're back.
• 0:01
  Speaker: This episode is gonna be another solo one with just me, and I'm gonna hit up on the old good topic of the VA loan.
• 0:08
  Speaker: So what I'm gonna call this is the VA loan is either your wealth tool or it's your biggest miss.
• 0:14
  Speaker: Okay?
• 0:14
  Speaker: What I want to do is make sure we reframe the VA loan into a repeatable strategy.
• 0:20
  Speaker: So that all the listeners here that maybe have not taken true advantage of the VA loan, learn exactly how to do that.
• 0:25
  Speaker: Okay?
• 0:26
  Speaker: So the VA loan is the most powerful wealth tool for the military that the military gets.
• 0:32
  Speaker: Period, end of story.
• 0:33
  Speaker: And most people use it like a dang coupon, right?
• 0:36
  Speaker: One house one time, then they're done, and then 10 years later, they're still staring at the pay chart, wondering why they feel behind.
• 0:44
  Speaker: Okay, so let's fix that.
• 0:47
  Speaker: The problem isn't that the VA loan is complicated.
• 0:51
  Speaker: The problem is everyone has an opinion about the va.
• 0:53
  Speaker: Like every single, it seems like, I, I, I hear this every time I'm house buying.
• 0:56
  Speaker: It's like, oh, I don't know that agent.
• 0:58
  Speaker: Did they have an issue with VA buyers or whatever?
• 1:01
  Speaker: Like, have you ever heard that?
• 1:02
  Speaker: And then your buddy will say one thing, a lender will say another thing, and then TikTok says something completely unhinged.
• 1:08
  Speaker: And then you're paralyzed.
• 1:09
  Speaker 2: and then TikTok
• 1:10
  Speaker: So here's the truth.
• 1:11
  Speaker: The VA loan isn't really confusing, it's just unexplained all over the place, and there's too many opinions out there.
• 1:17
  Speaker: When you don't have clarity because of that, you, you just hesitate and hesitation is freaking expensive.
• 1:25
  Speaker: Okay, so let me explain the quiet part out loud.
• 1:28
  Speaker: The one time benefit mindset is a trap.
• 1:31
  Speaker: The VA is not just about buying a home, it's about using your benefits strategically.
• 1:36
  Speaker: To build assets, and if you don't learn how to use it as leverage, you'll end up doing what most people do.
• 1:43
  Speaker: You PCS, and then you sell and you reset your progress every single time.
• 1:49
  Speaker: You do that and you tell yourself, oh, at least I made some equity, and then you start over again.
• 1:54
  Speaker: That's not a strategy, that's survival.
• 1:57
  Speaker: That's literally just like doing something to feel good about it, but it's not really getting you anywhere.
• 2:01
  Speaker: It's like, I don't know, walking on a treadmill.
• 2:03
  Speaker: Right?
• 2:04
  Speaker: So.
• 2:05
  Speaker: Let's reframe this.
• 2:06
  Speaker: Okay.
• 2:06
  Speaker: The VA loan is basically incredible leverage, plus a bunch of options.
• 2:11
  Speaker: I want you to start thinking like this.
• 2:13
  Speaker: The VA loan gives you two unfair advantages.
• 2:16
  Speaker: A low or no down payment, right?
• 2:18
  Speaker: Which everybody knows, like the 0% down payment, which keeps your you, you know, cash in your pocket, and then it gives you access to ownership earlier, which starts your compounding clock of returns.
• 2:30
  Speaker: And that compounding is the real cheat code, not vibes, not manifesting time.
• 2:36
  Speaker: And most people lose wealth because they wait to get that clock started, to get that time going.
• 2:42
  Speaker: The V eight helps you stop waiting.
• 2:45
  Speaker: Essentially.
• 2:46
  Speaker: Now most confusion with the lin comes from trying to do everything.
• 2:49
  Speaker: So here are three paths.
• 2:51
  Speaker: Just, just pick one.
• 2:52
  Speaker: If you're, if you're just getting started, pick one.
• 2:54
  Speaker: The first is the VA house hack.
• 2:56
  Speaker: Okay.
• 2:57
  Speaker: Best for basically new investors.
• 2:58
  Speaker: High housing cost areas where people just want the safer first step.
• 3:02
  Speaker: You live in the property and you reduce your housing costs and expenses while building equity.
• 3:07
  Speaker: This is how you win twice, okay?
• 3:10
  Speaker: You rent out other rooms or other units and lower your own cost.
• 3:13
  Speaker: You lower the cost of living and you build an asset for yourself.
• 3:17
  Speaker: Path number three is primary to rental.
• 3:20
  Speaker: So this is the most common military wealth play.
• 3:22
  Speaker: So you buy a primary, like home, A home you're gonna live in with the VA loan.
• 3:27
  Speaker: 'cause that's the only way you can buy a house with a VA loan is if you live in it and then you PCS.
• 3:32
  Speaker: The whole time you're thinking about how to make it an awesome rental and instead of selling you, you in resetting, you keep it.
• 3:38
  Speaker: And now your old home is paying you essentially because you have renters in it and they're paying you rent checks.
• 3:43
  Speaker: It's not an accident that's intentional.
• 3:46
  Speaker: Okay, and now they're also paying off that loan on your behalf now last but not least, path three.
• 3:52
  Speaker: Using the VA loan as a repeatable move.
• 3:55
  Speaker: Okay?
• 3:55
  Speaker: This is where people get stuck because they don't understand entitlement reuse and how to, you know, sequence it all.
• 4:00
  Speaker: But here's the simple point.
• 4:02
  Speaker: Your VA loan benefit can be used more than once if you do it right.
• 4:07
  Speaker: Not always in every situation, but often enough that you should at least learn the rules.
• 4:13
  Speaker: Because what you don't want is to assume you are done when you're not.
• 4:17
  Speaker: That's the biggest miss.
• 4:19
  Speaker: If you want clarity, fast, stop asking random people.
• 4:23
  Speaker: Ask your lender just these five questions and it'll get you on the right track.
• 4:26
  Speaker: Okay?
• 4:27
  Speaker: First, what's my current entitlement situation?
• 4:31
  Speaker: Question number two, can I reuse my VA loan in my situation?
• 4:34
  Speaker: Yes or no, and why?
• 4:37
  Speaker: Question number three.
• 4:38
  Speaker: If no, what is the fastest clean path to reset my entitlement?
• 4:43
  Speaker: Number four, what property types are realistic with my budget in my target market?
• 4:48
  Speaker: Especially if you want to look into multi-families, right?
• 4:50
  Speaker: Smaller, multi-families.
• 4:52
  Speaker: Number five, what does a smart VA strategy look like for my next two moves, not just this next purchase.
• 4:58
  Speaker: If your lender can't answer these clearly that's not a VA loan problem.
• 5:03
  Speaker: That's a lender problem all right.
• 5:06
  Speaker: Ready for a truth bomb.
• 5:07
  Speaker: Here's something most people don't understand.
• 5:10
  Speaker: PCSing can feel like a disadvantage.
• 5:13
  Speaker: But if you're strategic, it can be your advantage actually, because PCSing forces movement, it forces you to discover a new market and movement can build a portfolio if you stop selling every dang time.
• 5:28
  Speaker: The difference between the military member who builds wealth and the one who doesn't is usually not income.
• 5:33
  Speaker: It's the ability to keep assets.
• 5:36
  Speaker: So here's your move this week.
• 5:38
  Speaker: Stop scrolling.
• 5:39
  Speaker: Any kinda like VA loan hacks on TikTok or reels, even mine.
• 5:43
  Speaker: Don't watch those.
• 5:44
  Speaker: Just pause.
• 5:45
  Speaker: Instead pick your VA strategy and path.
• 5:49
  Speaker: Okay?
• 5:49
  Speaker: So whether you wanna house hack, you wanna turn a primary into a rental or you want to reuse or use a VA loan again, whatever the case may be, talk to a lender and get real entitlement clarity.
• 6:00
  Speaker: Map your next two moves on paper, right?
• 6:03
  Speaker: Like not just this next purchase, the next two PCSs and the VA loan will become a true wealth builder.
• 6:10
  Speaker: But if you don't do this, it could become your biggest miss.
• 6:13
  Speaker: And the only difference is whether you treat it like a strategy, okay?
• 6:16
  Speaker: This isn't just a one time tool or a coupon if you wanna help mapping this out and figuring out your own situation, that's literally what a DPI does.
• 6:24
  Speaker: We don't just give you info, we give you a plan, a team, and weekly support to execute.
• 6:29
  Speaker: Alright?
• 6:30
  Speaker: Go use what you earned See you in the next episode