You can buy a rental house, put $60,000 down and you will have to get a non-recourse loan for the rest of the mortgage.

Your VA loan will be crucial to your real estate investing growth, especially since it affords you the potential opportunity to own more than one property, depending on your overall allotment.For active military personnel, that conundrum of where to invest and where you will end up is always part of the issue that sometimes causes analysis paralysis so it's great you have one in VA Beach already.

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

Are LPs entitled to see foreclosure, bank loan related docs?

Just curious if anyone has used All Loans Funding for DSCR loans?

Another benefit is it is much easier to diversify into multiple markets, asset classes and operators.Just wanted to share an alternative - often active investing is the way to go, but it really depends on the person and it is important to know that there are passive ways to accomplish your financial goals.Good luck!

I see why folks are asking this company says they do 100% loans for purchase and rehab with a whopping 620 fico..

I would get a bridge loan to acquire the property if it needs to be rehabbed and/or closed quickly.

Also, get all personal info (DOB, SSN) from the seller in case needed when talking to lenders, lienholders, etc.

Great for personal residence but not for scaling.