I smell a refi in your pipeline a year or so from now, remember this isn't a home loan, so "two years of tax returns showing a profit" is NOT a hard/fast rule at all to get the best terms.

We have a 7.125% rate on a 250K loan.

Has any one used Lending One for a rental loan?  

Hey guys, looking for some information from any veterans in the community that have used their VA loan for an investment property.

The two most obvious options at hand are : A/ Accumulating capital through my job before investing in real estate B/ Asking for a bank loan that would allow me to invest sooner, saving time, after doing market research Which strategy is better, in your regards ?

I work in property management so many of the people on my referral list are brokers, mortgage loan officers, and leasing agents. 

I believe I have two options.Property Info:Purchase Price: $365,000Current Loan: $329,000Interest Rate: 5.7%Mortgage:$1900PMI:$130Insurance:$157Taxes: $320Current Rent Left: $1200 (Market $1400)Current Rent Right: Owner Occupy (Market $1800)1.

One of which wants cash reserves of 30k on a 200k loan to get going.

In terms of doing a house hack, you likely will want to do a 5% down loan or something similar.

We were able to do a low down payment loan with closing cost assistance.