If you are buying a property that is less than 3 units, your tax rate will be roughly around 20%, and if you buy 3+ units, then your tax rate will be roughly at upper 12%. 

We figured we would find a basic fixer upper.

Just did a white Shaker kitchen, with a dark grey island, 36" uppers, light rail, crown, two fridge panels, soft close doors and drawers and paid just under $3400.

This is because the VA loan has extra requirements for appraisal (BLUF: they must be safe, structurally sound, and sanitary — no big fixer uppers).The real value in the loan is being to put no money into the deal up front giving you a greater CoC return for the right deal.

It can lift some one out of the middle class into the upper class within a few years.  

If you are looking to make higher returns and have some spare time, I would suggest the fixer-upper.

Flat roofs have other issues, they always eventually leak and can puddle up large bodies of water for mosquitoes to breed.

Currently thinking a buy and hold 3 BR single family fixer upper.

Once you are about a mile or two inland you avoid a lot of the fogHow much of a fixer upper are you interested in?

Happy Monday everybody,I have a question and would like to hear from you guys on this.Has any body used a financing company to buy a rental property who doesn’t required personal income verification?