An assumed VA loan would plug in place of the new property purchased in this example.Also, you have a one-time option to have your VA loan eligibility restored regardless of how much you have used; normally you have to dispose of the property, meaning sell or pay-off to have it fully restored.

When I left, apart from the normal political shenanigans, it was very well run with a strong government presence, military renters, and organic business growth that wasn't dependent on tech cycles, credit crunches, etc.

Just wanted to add that I also have a clause about no holes in cabinetry or doors, that it is not considered normal wear and tear, and they will be responsible for full amount of repair or replacement if they do. 

Normally, house hacking is a much smarter option because DIY renovations fail every single time.

So foreigners can own a condo but normally, they own a share of the land with it but, in Thailand, foreigners don't.

I also suspect home prices would initially rise on the first 1-1.5% of cuts, but ultimately fall once we get to the 3-4% range as large  pre-pandemic supply comes back online, compounded by boomer land lords selling realizing the top of the market is in the rear view mirror (at least for them).If you eventually get squeezed on lower rents and valuations as the market normalizes, the ability to BRRR your pandemic era deals will be limited, so how do avoid trapping capital in the deals you already own from this environment? 

(Gambling, drugs, divorce and lust)

Normally, I would suggest that you simply form the Series LLC, but since you are posting from California I would have another strategy I would recommend.

Normally you will see the rate closer to 8-10.5%. 

Beyond frustrated…@Cherilyn Williams, this is normal and there is absolutely no reason to be frustrated because this is a pretty typical scenario. 1.