The U.S. Department of Veterans Affairs (the VA) plans to dispose of more than 400 buildings around the country in the next two years, and it’s possible that real estate investors could benefit from the national sell-off. However, complicated guidelines surrounding the process could make these “deals” less attractive to real estate investors looking to purchase properties with good upside potential.
According to VA secretary David Shulkin, the VA will basically do anything it can to eliminate about 430 buildings located around the country that are presently a drain on VA resources. He said that the VA would not rule out “any exact method” of disposing of a building.
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