People reinstate the loans and do loan modifications all the time.

Your loan would be on a different property so no financing on the property you are buying. 

These properties can provide cash flow and diversification while qualifying for favorable residential loans.

You could use a HELOC, but with VA loans you have an allotment so you can get loans on more than one home depending on how much bandwidth they give you.

Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

Do you have proof of loan approval?

I put a new build under contract early this month, and are now working on the loan with a credit union.

If you are using a loan, well there is simply no inventory in Cleveland.

Then once the 1031 is done if “legal” take a loan out an buy your new primary house.  6.  

Any C-class neighborhoods are more geared towards Section 8 and long term renters.