In that case, you could end up with person at 81.68% or 77.23% or whatever, and the IRA with the balance. 

For furnishing short- or mid-term rentals, finding the right balance between stuff that looks good, but which also offers solid durability and keeps your budget in check can be difficult.If your budget is your driving factor with your design decisions, I'd start surfing on Google image search or Pinterest - find a picture of a finished room that you like, and then reverse engineer it from products on Amazon and other similar budget-friendly sources.

Now you have cash to put down on a rental property conventional loan, and you can go and grab the next live-in flip with the VA loan.2. after six months to a year, move to the next property, where you can use the remaining balance on your VA eligibility to acquire and rent out the first property.

Small balance loan amounts can be done. 

Normally I attempt to structure the transactions utilizing an interest only 3-5 year ballon payment (balance due in full). 

If the tenant has a large outstanding balance, it may be worth waiting.

The number is ticking up but Ohio is still fine in vast majority of cases - anything over loan balance of $110,223 (2024 limit) doesn't apply - since most DSCR lenders have minimums around $100k loan amount, barely affects thingshttps://com.ohio.gov/divisions-and-programs/financial-institutions/consumer-finance/guides-and-resources/loan-prepayment-penalty-and-adjustment#:~:text=Effective%20January%201%2C%202024%2C%20no,loan%20of%20less%20than%20%24110%2C223.

PM’s like you love to talk about Transparency and integrity but are just the opposite and are more smoke and mirrors than anything worthy.More than likely you haven’t even placed a section 8 tenant in years nevermind appealed, disputed or challenged the section 8 rent that was initially approved in order to get even higher section 8 rent and maximize the rent as we do with many of our properties and those properties we deliver to our clients.I really dont even have anymore time for this with players like you but what I do know is what we are delivering to our clients as well as our section 8 tenants day in and day out, case in by case out, and the one thing we realized a long time ago is that every case is unique and there are always exceptions with the right checks and balances.

that works and sounds like they are small balance loans.. so just make sure you keep cash available to pay them off if they are called.. you dont want to bugger your credit with a default .. only way to keep that from happening is to stroke a check.. wraps are great if your properly capitalized.

You definitely don't want to be in a situation where your mortgage balance is higher than what the lender will finance you based on the new appraisal