is so what lender did you use that provide non recourse loan?

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

Two things I remember that probably don't happen today: -First property was a no-doc loan, technically low doc because you still had to provide information but with 30%+ down pretty much anything you wanted was yours.

So the though Hey I have an 800 fico and I should get a loan does not work.

House Hacking using the VA loan to live on one side while renting the other is great.2.

Most lenders are going to be limited to 70% of ARV ($560,000 total loan amount) but that means they could fund 85% or a bit higher of purchase price + rehab ($560,000/$645,000 = 86.8%), which is solid.

For example because New York is a generally more expenisve market, you have larger loan buy downs, bigger dollar appreciation, etc.

Loan is just over $108k. 

Since you will be renting it out you should get a conventional loan.

In today’s market most homes will be worth more than their outstanding loan balance unless they are VERY recent purchases with little to no money down.