I wrote a BiggerPockets blog post on how to find comps and calculate the ARV of a potential deal: https://www.biggerpockets.com/blogs/8814/68395-how-to-find-real-estate-comps-and-calculate-after-repair-valueHappy to answer any questions about that blog post or the process in general.As far as finding potential deals, those are slim on the MLS and you'll get the largest spread for your buyers by looking off-market. 

We will also provide an Energy Compliance Certificate (Res Check), structural calculations that support lateral bracing design, structural design criteria form and special inspections forms (for designelements within our scope of work) required by the city, underpinning drawings and design for adjacent buildings, and structural engineer’s calculations for snowdrift loads that will be anticipated on the adjacent 2 story houses.Handling of Permitting:The architect shall be responsible for the handling of zoning and building permit application submissions.

In some cases people paid down mortgages ahead of amortization, in others they may have done interest only loans, or negative amortization loans, so there are some wild cards to the calculations. 

I have a loan strategy question that I bet will help a few people in similar situations! 

Once you have those things then raising money becomes very possible.If you are in the beginning stages then you're best and probably only bet to raise money would be from family or close friends.

What calculations would you be running? 

Another option is to ask the seller for seller financing terms where they carry the note and you won't have to worry about it affecting your debt to income (as calculated by banks).I think that it will be harder to really scale with only SFRs.

Please review the numbers and let me know what you think.Thank you,ChrisView report*This link comes directly from our calculators, based on information input by the member who posted.

I learn so much from you all, I appreciate it.View report*This link comes directly from our calculators, based on information input by the member who posted.

If you have not borrowed the maximum amount then you may be able to borrow more, but I am not 100% clear on how they calculate the amount you can borrow in what you call your second tier entitlement.A VA underwriter will not sign off on another loan because of the reasons you listed.