If I could do it over I would definitely buy a four family I started with the duplex then a three family and then a four family and I now do 4 families and larger if one person moves the only missing one fourth-year income versus a duplex where one person moves are losing half your income plus with the price point on a four family your depreciation and you’re write offs are larger and later on your net worth is higher

Make sure you check the buildings sale comps so you can be very certain you'll get the ARV you are expecting from the flip. and make sure others have successfully sold recently in the building or see if there is something wrong with financials of the HOA. just something to keep on the back burner for later for future deals...

For instance, you buy for 100k cash, several years later you refinance for 150k, then 2 years later you sell for 200k paying off 150k, you would need to reinvest 50k cash into your 1031 but purchase at least 200k for your 1031. 

Can you guys help me to figure out how am I going to get that pre approval and maybe some referral to someone I could talk to at a later time like 8:30-9:30PM EST please.Any help is appreciated and thank you in advance!

I followed up a year later with a multi-single family deal (off-market) that will yield 1.6% out of the gate , raised to 2.0 once I raise rents to market value.AND, the only way to achieve these numbers (IMO) you have to plan in the B, C class arenaWalt B 

Sounds like you have a good head on your shoulders and are doing the work now to set yourself up for later.

Question for the forum: Is it possible to use a VA Loan to buy a wholesale property and fox and flip later to rent out?

I would like to purchase my first project sooner rather than later, but I don't know what is the right call for my situation. 

We'll look into reaching out to Maryalice later today. 

For example: you install a air conditioning unit in 2009 and depreciate over 27.5 years but then it fails 10 years later in 2019.