@Bryan Galaz you can start by getting a HELOC (Farmers and Merchants Bank, Lake Forest) to see how much you can borrow. 

IMO, non-recourse is a scam way to justify increasing rates to borrowers. 

If you are planning on buying it with a smaller down payment, that will also increase your mortgage costs as you are borrowing more and also need mortgage insurance.The price of the home (from the seller's perspective) is based on market value and condition, not on whether or not it matches the 1% rule.   

While the VA IRRRL program itself is legitimate and beneficial for eligible borrowers, it's crucial to verify the authenticity of the communications you receive.

Hello Paul,As the legal owner and borrower on the loan, you may be eligible to deduct mortgage interest and property taxes on your tax return.

@Amber WelschWe financed a project where the borrower retrofitted a property with two very large (8,000 square feet each) houses in a exurban area into luxury room rental, each with a large bedroom and attached private living room.

If you have $15K in student loan debt and are paying it off little by little (your words)-what are the interest rates, how long will it take you to pay it off, does it affect your ability to borrow for a mortgages (or save the down payment)? 

You buy on pro forma, but you borrow on actuals.

Interest is the cost of borrowing money and, as the article says: “As long as you’re making that money work for you—for instance investing in other property—and your rate of return is greater than your cost of the HELOC, it’s a good tool”I am paying roughly 4.5% to borrow money on a HELOC that is making me a minimum of 20% on my investments.

It is very tough to finance these because most properties and borrowers do not qualify for the financing criterias on a competitive CRE loan.