However, always have a flexible approach – sometimes a great property comes up that’s worth pursuing even if your financing isn't fully in place yet.LendersFor multi-family housing owned by out-of-state investors, I recommend looking into regional banks or credit unions in the Midwest market you’re targeting, as they often have more tailored loan products.

Homes don’t appreciate as quickly, but the military presence here is huge and creates rather unique opportunities.

I am glad I came across this thread because I am active duty military overseas so I am not able to use my VA loan to purchase a duplex that I want to move into in the future.

If I were you I would make a list of what you’re looking for and start calling the local banks/credit unions.

Many local banks and credit unions will do a second up to 89.99% loan to value.

Sold via MLS when moving to DC on military orders.

My local credit union won't do it either, they also won't do a business LOC because the business is only 1.5 years old.

Has anybody used, or have any experience with Credit Union Mortgage Association for financing real estate deals? 

If what I wrote is not clear to you or if some of my assumptions are wrong, then stop your DIY attempt and hire a tax professional.I am in the same boat but I see it the other way around; I should use Form 8949 vs 4797 for almost this exact scenario: owned home almost 2 years, then rented 14 months, then sold.I moved after not quite 2 years due to military orders and qualify for a partial exclusion.I received 1099-S which p523 states "You received a Form 1099-S.

Go to your local bank/credit union and ask them for the same.