That cost $2,300I went with a local artist who did the mural and the one by the pool for $4,200.Flooring is 4 large rugs with rug pads.Gaming systems are PS5 and Xbox One.You can see from my setup that a sofa/sleeper could easily add a queen bed capacity.  

After closing cost  I’ll be at 250k. built in 2017. 2600.00 MO income. rents can be raised some not much right now. 80% LTV I’ll be out of pocket 54,000. 

It looks like it's pretty much the same terms: 0% down owner-occupied and 5% down NOO. 2.25% funding fee and the seller will pay up to 6% of the sales price towards closing costs. 

- Refers to loans and mortgages that cover the costs of purchasing and launching your short-term rental property and business. 

Example:  VA eligibility - 500K1st SFR cost - 300KLeftover eligibility = 200K2nd SFR cost - 300KFind a conventional lender for - 100K  (now no down payment needed?)

I'm always learning about REI because the more knowledge I have under my belt, the better I can negotiate deals, accurately calculate repair costs and etc.

The key seems to be not letting this current tax rate issue push me into making a rash Risky investment that could end up costing more than simply paying the excessive taxes now!  

Next, figure out how much the entire rehab will cost and contrast it with the possible rental income.

As long as this 4plex would be in a high-cost area then conventional would still be a possibility for you. 

And as the buyer (my colleague) is now getting closer to closing it's starting to look like it might be worth just cleaning the place out and doing a very low cost rehab (paint, pressure wash and handyman repairs) for a quick sale.