Typically, that program is for VA- eligible members who exhaust their VA entitlement.https://www.navyfederal.org/lo...Do you have any remaining VA loan benefit?

Look him up if you have more questions. https://www.veteransunited.com/lo/tyler-billington...Please feel free to reach out to me as well, either on here or I'd be happy to talk if you'd prefer.

Google / youtube:  Joe McCall, Joe Crump, Joe Bodeck (lots of Joes teaching LO/WLO/subto). 

@Bill BrandtPoliticians are always inflating crime rates to keep values lo.

Lo and behold, after some negotiating, we came to a seller finance agreement.

My LO there, who I did my refi on my primary, told me they underwrite duplex with ADU.

They want to make it a sodosopa  https://www.morningjournal.com/news/lorain-county/...Next, they're rehabbing the historic buildings  http://www.chroniclet.com/Local-News/2018/07/17/Lo...Lorain recently got a giant dredging contract from the state of Ohio, this is going to bring in a ton of money https://www.morningjournal.com/news/lorain-county/...Republic Steel has reopened in Lorain, bringing a TON of jobs back to the area (arguably the reason that the city was in decline)  https://www.wkyc.com/article/news/local/lorain-cou...Save-A-Lot and Domino's are committed to bringing the area back https://www.morningjournal.com/business/save-a-lot...AND if all that wasn't enough, you can find a ton of duplexes and single fam's for sale right around 25k per unit which is really sweet considering the rents in the area are 500-700 easy per unit and property taxes are super low.  

My husband(@Michael Haas) and I work on real estate full time and L-O-V-E it!

The $25k will go quick if needing to put that amount down hence I’d recommend looking at 2nd home loans and if you decide to Airbnb it or rent it out after closing when your not using it then “it is what it is”.Best,JonI don't think the LO or the company actually lending out the capital would feel "it is what it is".

I talk to investors all the time who start out asking about DSCR loans because either they are sure or they have been told by a LO that they could not qualify for conventional loans because they own an investment property or two.