Quote from @Chris K.: @John C.You really need to work with a lawyer on this.

Quote from @Chris Seveney: Quote from @JD Martin: Quote from @John Teachout: Fund II is still limping along but based on a recent update, I have no hope for its future.

@Chris Kay beleive you can do DSR loans without a job as they qualify the property, not the borrower.You'd still need 20-25% down though.That's where you have a decision:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- Save up for your next acquisition.Only YOU can make that decision as you have to be comfortable with the increasing debt-load risk and the additional time to manage everything.

Quote from @Chris Seveney: I would take one over property over 4 all day long.

Quote from @Chris Seveney: Quote from @Jay Hinrichs: I think I just have gotten my personal  record.

Thanks Chris.

@Chris SeveneyI ordered one report on https://www.neighborhoodscout.com to check it out .

@Scott Suryan we've review REI Nation's processes and met Chris - if we ever did turnkey, we'd model it after their systems!

Quote from @Chris Seveney: @Francisco AvancenaThere are specific lenders who will do land dealsBut of course not as many as traditional real estate.The key will be skin in the game - typically for land because it is less liquid than a home the lender will want to have a lower ltv on the deal I fund land flippers currently in  CO FLA WA ID MT NV AZ OR TX SC GA VA  one thing about land though LTV is lower and RATES are NOT the same as typical HML rates are higher for raw land but its a specialty niche and a business that I grew up in..

There is cash flow, appreciation, annoyance, management, and proximity to factor in over time, and as I said to Chris, the asset(s) that our kids can handle and the ones they can't.