@Michael Cohencan you buy USDA with 4 units and live in one and rent the rest or it has to be SFR?

Thanks BP Family.I'd be best to free up that VA entitlement so you can rinse and repeat like the BRRR strategy except with your entitlement from the VA.If your current SFR is worth 326k it should be relatively easy to structure a conventional refinance with no monthly MI thereby paying off the VA loan (restores your entitlement).The one issue you may come up with is the claiming of multiple "primary residences," within a relatively short period of time (under 6 months) but you do have a valid reason since you have change orders to relocate.VA entitlement can be a tricky thing when it comes to getting it restored as the VA administration is not the quickest and the regional center is out of Phoenix.

Would think about holding added escrow funds to restore property to its original condition.

I'm on the phone with him every other week trying to straighten up my balance sheet, work on different tax filing approaches, massaging numbers for a loan app, etc.

Rehabilitation includes renovation, restoration, and reconstruction.

Then in 3-5 years they will either have enough to purchase the rest or get financing through a traditional bank to close.I have never been in this situation and I am only getting more and more confused as to what to do because of all the different types of financing structure ideas i've read about.

@Tim Greenfield Marshal Swift is the company most agents, companies and claim reps use to pull thier estimated rebuild costs from.These calculations factor in GC costs and the cost of deconstruction and debris removal in order to get a building in a condition where repair work can be completed.Also ask to see the rebuild cost estimateor they used for your quote.Lastly, you can talk to a restoration contractor for an all park on your building.  

Otherwise I’d look for some like habit for humanity’s “Re-Store” where they sell donated building supplies.

IF there's deterioration at the joist and separating brick, you may be looking at quite a bit of work to restore the front facade.

Hiring a restoration company will be expensive, plus the tend to inflate their prices, in my personal experience.