Once the leases are up on one or both of the units I would remodel them to raise the rent potentialI have reached out to Navy Federal bank to get info on loans and they will me offer a few options:FHA for 3.5% downConventional 30 year fixed with 5% down with no discount points or originations fees @ 4.625 %orConventional 30 year fixed with 5% down + origination fee of .875 %  @ 4.25 %Investment property loan 15 year fixed with 25% down @4.375 %With the FHA loan i would need to occupy one of the units within 60 days to qualify. 

Can refi an existing mortgage to a shorter term “Mini Mortgage.”Navy Federal 80% LTV Norway Savings Bank, MaineOmaha MortgagePenFed - max 3 other properties, including primary. 80% LTV, prime + 1%, <4 propertiesPeoples Bank of NCPSECU up to 80% Quorum Federal Credit Union 80% LTV, owned by LLC is OK.

With the Navy, shipyard, and commuters in the area - there's a lot of potential renters looking for a "deal" that would still provide you with ample profit margin. 

Navy blue is very popular right now and the younger set loves that look.

I think they’re giving away extraordinary deals to try to get some market share from Navy Federal and Usaa.  

We were able to get it going and I was able to finish it off before left again on Navy orders.

We were able to get it going and I was able to finish it off before left again on Navy orders.

I'm a fellow Navy guy and from Dallas originally and have some investments and connections there.

For lenders, I’ve used Navy Federal Credit Union for both of my investment properties and the process was really smooth.

I'm currently active duty in the Navy, looking to take advantage of the VA loan to purchase a MF property.