By any chance can I buy one property this year, live in it, and then re-fi to different loan (let’s say conventional) so I can use the VA loan again to buy another property the following year?

Roofs are double what they used to cost 5-10 years ago. 

One tenant turn after a year and a half completely destroyed all cash flow for those two years and the next 5 years.

We have gotten Quit Claim Deeds from the former owner, or filed Quiet Title Actions if former owner was not found or decesed, and we have also owned for over 21 years and claimed adverse possession.

I like having my depreciation expenses being available against just my highest taxes every year rather than use too much in year one.

Here are the details:Half Acre lot in a desirable area of Ocala, FLFull seller financing with 0% interestPurchase price: $48,000Down payment: $5,000Monthly payments: $360 for 3 years (Principle only)Balloon payment at 36 months (~$30K remaining balance)Construction rights included and fully assignableSeller will maintain first position lienRecent comps on the same street:New construction 4 bed home just sold for $381K in December 2025Older home (1993) on same size lot directly behind this one sold for $280K in April 2024I'm trying to figure out what this opportunity is worth to a builder.

In short, the legislature said Municipalities can't raise taxes by more than some percentage per year... think it's around 3-4%.  

@Chris Seveney Ill be there in May for 4-5 years! 

Now we have a 200 million dollar race track with hotels and restaurants being built and will have NASCAR in 5 years or less.

Obviously you would have to have the ability to underwrite deals and learn about the specific market but lending $60K for a $600-$700 per month interest only return, then compound it year over year will help you grow your capital.