Too much money involved not to do due dilligence ;)

A common scenario involves a VA homeowner who has to relocate to a new duty station but wants to keep and rent out his or her primary residence.

If I were to apply this method, would I have to pay PMI on the first home when it has less than 20% in equity in the property so I can apply the VA loan on a new property?

They refuse any other payment methods at the moment.Duration:I purchased two certificates for less than $4000 the end of March 2018.

I am looking to get involved in the real estate world with an emphasis on rental properties.

I was just wondering what banks would think of my controlling the day-to-day of the property and a parter only being passively involved past the mortgage signature with no real skin in the game.

If you are going to live a fair distance (like in another state) from the property then I would suggest you get a Property Management Company involved.

Besides that it's a good way to get connected with others locally that are involved in real estate.You can also join a wholesaling or rei group on facebook. 

First some background - I have lived in Orange County/Los Angeles my whole life (school and all) and would love to get involved in real estate investing to serve as a secondary income source. 

I'm told it needs to be above at least a $2M price in order to get them involved.