Just keep a few things in mind: First, make sure the mortgage lender’s cool with the arrangement, as some have rules around subleasing or leasing to an LLC.

Would be cool if I could split the  VA loan and buy two houses in the same year.Resources, experience, systems and networking.

You can search my name and see some interesting examples from clients that are pretty cool.

That house must have been super cool-looking.

His theory is a paid off mortgage on your primary, $500k in liquid assets, and more than 1 source of income (real estate, social security if of that age, retirement, part time job, etc.). 

Savan cool well it is good to start and when it is the first deal it is wiser to be cautious and not over extend one self on the payment and rehab costs.

I never spent fortune to fill my warehouse with truckloads of goods, but I was buying them at the rate I could liquidate them and as long as I could liquidate them.

Unless I was reading it wrong, you don't have liquidity to do the repairs to your current house which would increase the value and the rent and you also don't have capital set aside to buy a new home without a sale contingency.

The owner had no clue and didn’t initial the “liquidated damages” clause.

Ok cool, if you would like help reach out,