Focus on turning the unit around and placing a good renter at market rate.

One of my pilot buddies had 8 homes across the country all initially funded by the VA loan and then once he moved or bought another home refinanced and used the VA loan again. 

Since most rehab funds are non-Dutch, meaning you don't pay interest unless used, it acts as a safety net for hidden issues or new opportunities.

To my point of view it is the only way I can have good cashflow after the Vacancy rate, Repairs, and Capital expense.

.- Going rate for TH and individual rooms- Demand and saturation levels (how long does it take to rent), length of stay, etc.- Other market trends about the areas TH and individual room rentability - Frequency of renting versus selling in the areaI look forward to the insights you all share!

Some of the top rated schools, downtowns, neighborhood, and safety ratings in the North East.

Hi everyone,Have you recently bought a house in the NC coast at the current high interest rate?

Do you also know the average rental rates for each area?

For our example, we will assume you are purchasing this property as a secondary home and got an interest rate of 3.5%.

Great idea to utilize a lower interest rate for it being your primary residence and a lower down payment.