Once you analyze your actual return on this my guess is that your return would be very slim unless this deal is tremendous.

I recently moved to Tulum, Mexico and I am interested in exploring the house flipping market in this town, which has shown tremendous growth in the past few years.I have experience as a short term rental vacation property manager in Boston, MA where I got my MBA.

But while that may not be your strategy, it may be a tremendous blessing to someone else.

I have considered pulling all the equity out, refinancing the whole amount, about 64,000, giving me somewhere around 25,000 equity, and putting that towards my other ideas, but in the state of Texas you are not allowed to have Ag Exemptions when you cash out a refi, meaning I would have to cancel my ag exemptions on my acreage, which costs me thousands of dollars and raises my property taxes tremendously.

As others have pointed out, the VA loan have some tremendous benefits as well as some drawbacks, as all loan products do.

@Jeff Piscioniere not targeted to me, but there is tremendous growth in the area and 100's of million of dollars still pouring in.

Getting it just right the first time rarely happens but completing that first buy & fix has to be a tremendous boost of motivation for you.

Throughout 2016, my company has grown and improved tremendously.

This is a great time to be a STR entrepreneur, but to truly do it well, it requires a lot of different skillsets, tremendous amount of work, and a brilliant strategy that's executed perfectly.Reach out if interested and Good Luck!

This has helped me tremendously.