Just factor in fixing the reason the basement flooded (could be easy like clogged gutters or extending the down spouts or maybe the sump pump hasn't worked because the electric is off or it could be expensive like digging around the foundation, parging the walls and then adding a french drain or could be real expensive and have a cracked foundation so you need to know) mold remediation and door replacement (if they're really bad) into the renovation figures.  

You also have the VA loan option along with Navy Fed and PenFed options.  

I have been active duty Navy for the last 19 years. 

If anyone claims they can look into their crystal ball and predict future values, ask them why you are having this conversation because they should be on their yacht in the French Riviera. 

Originally from Houston, Tx but currently residing in Illinois due to husband being stationed here (Navy).

I am fluent in Ukrainian, Russian, English, and Polish and speak some French. 

Hello Navy, is this a primary residence or an investment property?

Quick background - bought first house using VA Loan back in 2009 (currently active duty Navy) and second home using FHA in 2012.

It says 1224 because that counts only the first floor, but with the second story as well, it is 1878.I see some houses that sold for prices that would make me very happy, but they are in the Historic District right across US 17-92 (French Ave.).

The wife and I are looking at this property tonight, not as a rental, but as a potential new primary residence for us and our children:https://www.zillow.com/homedetails/12161-E-French-...It's not perfect for our family style, but it does have a nice amount of space.