I’m active duty Air Force and maxed out my VA loan with three properties.Birmingham has some cheaper properties, but may not bring the cash flow that STRs in Florida might bring.It all depends on your timeline, numbers, funds, and comfort level.

That said there are some workaround and alternative loan programs that can potentially work.  

I think you would have to force appreciation via property improvements to see any appreciation gains.

For conventional loans via Fannie, I know that there is a 60 day seasoning for downpayment funds for conventional loan. 

I wanted a servicer who can benefit not only me but any loan I place with them.

The property was purchased through a LLC so a conventional loan isn't an option for us.

Hi,Checking if anyone has any recommendations on how to go about setting up llc and how it impacts personal loans for the same.

The property needs a new roof, a new parking lot, and a few other minor improvements to enhance its performance.

Their "asking amounts" have improved, but are still above pre-COVID times, when 1/2 month of rent seemed to usually work.

Hello, I am in the process of securing my first hard money loan.