I would be willing to pay the gap as a down payment and assume the loan at 3.875%.2) I agree!

If I set aside $8500 for it, and in 10 years have to pay almost $11.5k, I will be short $3k. 

Many people focus on the “entitlement amount” but the more important number to pay attention to is the ‘county loan limit’.

The employment GAP isn't always an issue as long as you're now a W2 employee, can show 30 days of pay stubs (not self employed), and you can provide a letter of explanation stating the cause of the employment gap.For a VA loan, in order to use the rental income from the other units you'll need:1.

On Oahu the bottom line of buying in this type of zone is that you will pay higher property taxes and fees, but you have a lot more confidence that you'll be able to continue to operate your property as an STR for years to come.

You have the option of paying this yourself or have the tenant pay it.

So, if its a small claim they should pay it out of pocket otherwise they should turn it over to their insurance to pay.

Currently, I have tenants paying via Venmo/Zelle.

As long as you Have the income to pay for both houses and you have to live in it for one year.

The downside is that borrowers would be required to pay the mortgage on the full cash out amount from loan inception, the benefit would be that the actual interest rate could be closer to the 7%'s than the 10-11-12%'s (also with an interest only repayment option) and the need for a new mortgage (second loan on the target acquisition) could be eliminated if the equity position on the refinance is large enough.