Bottom line, in most cases, unfortunately, the answer is NOT REALISTIC.
Here is a post that may be helpful:
Veterans and VA Loans: Losing The War At Home
HOWEVER, you must use common sense.
There are many types of bank owned properties.
Some are in abandoned condition.
Some are in tear out condition.
Some are in clean out condition.
Some have been completely renovated.
An HONEST offer on the latter can be very successful.
Do so within the 'first look' window and you'll be good to go.
Best of success,
Annette Lawrence, Broker/Associate
Palm Harbor, FL
I've written a best selling book called Buying a Home: Don't Let Them Make a Monkey Out of You. It'll teach you how to buy a home and get a mortgage without getting ripped off. Follow the link below.
Best of luck!
Anything is possible, but you'll need to check out the property very thoroughly before you get too far along. VA requires any health or safety issues to be resolved prior to closing. Banks don't like to do inspection response, but they will.
You need to find listed properties and work with a knowledgeable agent regarding VA requirements and what could create an issue.