Secondly, I think your better off trying to push for a larger concession package (Free Rent, Tenant Improvement Allowance) than you are trying to beat them up on their rent.

We used an FHA owner-occupied loan, put down 3.5%, lived in one unit, and fixed up the other.

I've closed a decent number of DSCR loans in Virginia in the last 12 months and $600/unit seems reasonable.

The construction financing is a program that requires the builder to already own the lots. you need a money partners / equity partner.. the vertical loans will want first position.

I’m currently reading Brandon’s book on creative financing and am interested in exploring the possibility of obtaining a home equity loan.

Each and every area might need a fresh look and improvement.

You can't credit rent anymore as it is considered a form of financing and you are not a loan originator.

I did the same thing as you with my VA loan on a new townhome back in 2020; you won't regret it!

For some background info I just closed on my first home using a VA loan .

This methodology is advantageous for taxpayers since this does not involve filing amended tax returns.Other things to consider bonus depreciation, Qualified Improvement Property (QIP), and 179.