Interest is 20% from day one, additional 10% on subsequent years.

But to give you a general answer, it's using "regular" income for down payments and then "reloading" for the subsequent downpayment.

In the main level, were doing a new kitchen, removing the plaster walls, and adding sliding doors to a new deck (14x16) out back.

So even if you bought at peak prices today, after the subsequent drop, the next peak should be higher than the previous.

I wonder how many people you "bothered" to get your first and subsequent deals. 

Multifamily, just like every other asset class, still follow the rule of "location, location, location" because that's the ONE thing you can't change about a property.Before I move on to the building class you should also recognize that classes are like grades, it's a sliding scale so between 2 classes there is gray area: ...B- -> B -> B+ -> C- -> C+...Now for the budding classification, brokers use a rule of thumb based on age because it helps average out the properties.

Work only with the principles and those with the actual assignable contracts.Secondly you stated you got a deal from the original and then subsequent 2 other daisy chain  wholesalers therefore you know the original one with the contract.

I am mostly interested in commercial properties, which the lady that I talked to from Fortune Builders subsequent to the seminar was unable to supply much information on.

This link shows you exactly what the funding fee is for first and subsequent VA loan users.

Kerwin, I would recommend attending one of the Black Diamond REI meetings as they recently had a presentation on investing in Florida since one of their board members moved down there and started investing there.I'm sure they could put you in touch with him and maybe he could give you some tips, references, maybe send you his presentation slides, etc.