Seems out east in the upstate New York, Pennsylvania and Connecticut area there are alot of 4-6 plexs that I can purchase for $50-75k that need $75k worth of work but average apartment rents in the areas are 1k per unit per month when rented.I would like to find an investor that will lend me the $150k upfront so I can purchase and remodel the property and when fully rented get traditional funding for the property. 

So 1 of my referrals, who is a banker, is looking for a non traditional lender who can financed a borrower with a not-so-great credit scores. 

Traditionally Non-QM doesn't have any limits on the numbers of properties financed?

We rehabbed our primary house and are now building a duplex from the purchase of an off market lot, all with owner occupied financing from a portfolio lender.

If you qualify traditional financing is almost always cheaper. 

Hi @Erica Harley,You are able to buy a primary residence with your VA benefits.

I moved here for opportunity other than RE and I'm glad to have bought my primary here, but I do not invest here.

My dad never invested again in real estate, never even bought a primary residence where he lived.

This would be for a primary residence. 

We have a pretty large lot, .71 acre and are thinking about building a tiny/small house on the back side of our lot and renting our current house(3 bed 2 bath) either through airbnb or traditional tenants.