I'm in Nova Scotia , close to several major universities.Cheers,

We're in NOVA too: Dan Hill with WildRover Associates.

The Complex is Houston TexasNet Operating Income from Mar 2014 thru April 2015 is 1,078,360.50

362 Apartment ComplexAfter repairs and new management, I think we can increase profitability 25%there are total of 6 apt complexes around, average rent for they other approx. 650.00, this complex average 555.00 month, If repairs, cosmetics are done rent can be raise to match area around to 600-650, witch will give a increase of 45- 90 dollars a unit. and 56 units that need repairs will increase there also. i figure a 2 year plan until profitability.Net Operating Income from Mar 2014 thru April 2015 is 1,078,360.50

My guess is it has to be an arm's-length transaction but I am no VA loan expert.  

Typically in Maryland, DC and NoVa you are negotiating a number on the seller subsidy.  

Choices:1 - Refiannce on the new property and use money to make a downpayment on a new property2 - Save up 20% for a new property3 - Try to quliafy for FHA loanI am wondering mainly in NOVA because our market is tapped out, is it even a good time to buy right now when everyone is saying the bubble will burst?

Only 10 of those conversations were from people who seemed genuinely qualified ( income 3 x rent, credit score=600+, etc) the rest seem to be relocating from Mars or something because they don't even read stuff like "how much is the rent"($1695/mo) or "No lead paint certificate".Sister is FREAKING out: What do you suggest for a next move?

Account Closed Thank you for your service and to your fiance as well.Nice to see more folks from NoVA on BP.

If wholesaling, we will buy everything you have in NOVA or DC metro.Thanks!