The VA home loan can be a powerful tool for purchasing a multi-family property, offering benefits like no down payment and competitive interest rates.

Or just keep renting/waiting (mortgagetruth).Today’s Interest Rate: 6.99%(👇 .09%, from this time last week, 30-yr mortgage)Briefly, because I want to get right to our main topic of today’s newsletter, a few comments on what Jerome Powell said on inflation this week.

I own an investment property in Charlotte which is paid off, would a HELOC be an option to fund this build?

The capital needed from your savings will depend on the location's appreciation rate.

In my experience, good design is good business; building something with character stands out to potential tenants (increased rent) and helps lower vacancy rates.

Savings rates have changed a ton in the 5 yrs since the original post. 

Right now I find that I can easily find properties but have been finding difficulty showing proof of funds making people  willing to  wholesale their properties.

Great place to live -- not so much when there is little to no leverage to purchase my own home, burn rate goes very quickly, or perhaps I don't know enough.I follow Brandon Turner, BiggerPockets, Grant Cardone and have attended both his Real Estate and Sales & Marketing talks.I would like to get into real estate to one day either purchase or build my own Home Recording Studio.

Estimated rehab about 44k but may be less ( I wanted to be conservative). 12.99% annual interest rate, Originator fee, 2.99 points, closing fees $990.

Used a loan broker, then refinanced at a lower rate fixed for 10 years after 1 year.