The rough $725k assumes the $100k down payment and close to a $4k/mo mortgage.Alternatively, I can go back to looking at SFR if that’s a more viable solution.

I'm not sure if you can refi a VA loan though if your not living in it because you would have to sign the VA document again that states you intended to make this your primary residence, which is not true since you have renters in it.

I am also very interested in understanding if the above can be done in states where I do not reside because the economics in the state that I do live in (NJ) are not good in accomplishing the above objective.

Everything they had build, in terms of their REI Portfolio, Bank Account Balances, their Personal Residence, etc. was lost, or they filed bankruptcy.

I like to be able to have a solution to answer any issue regardless of whether or not I can profit form it, so take a look at my website and let me know if you see where we can align.Thanks,Dean Carlson

We offer them a solution.

@Carmen Falcone the point of the FHA loan is to help people who would otherwise not qualify for a loan be able to purchase a primary residence.

I don't know if you are a contractor yourself or if you would have a contractor do the work but GLT Products offers soundproofing materials either directly through their company or through a sister company, Sound Acoustic Solutions.

If and only if the numbers work out for your current residence, you may consider renting that out to a tenant and then renting a much less expensive place in which to live (closer to work so you can get rid of one car and its related expenses?)

I have called my local bank that I've been doing business with for years and they informed me, they can not finance Single Family Residences owned by corporations.