As long as your DTI isn’t too high you can do a 100% VA cashout refinance.

My passion lies in real estate investment, and I am currently working on becoming a successful real estate investor in the Halifax/HRM area.Growing up, I was fortunate enough to learn the ins and outs of the real estate industry from my father, who owned and managed 65 units.

I love the area however, I have done a lot of research and am having a hard time making the numbers work out in terms on COC return.

The owner had been living in these conditions for a long time due to mental health issues.It was heartbreaking to see.We agreed on a price and closed very quickly to provide relief.

@Juliette Holm I recently had a meeting with a long time commercial real estate developer who had also built, bought, and sold several businesses as well as personally owning some residential rental properties.

@Kyle Rucker- thanks ....you will have a tough time locating a 2nd loan for  180K +  ....Ask the realtor you are working with for options ...Make sure that the lender holding the FHA loan will be able to approve your assumption  request  ( this can be a long drawn out step ) .....if you do find a 2nd mtg - compare the fha loan and 2nd mtg  to a  simple new FHA or conventional loan as there may not be a large difference 

As long as you are able to prove its not a "true log cabin" you should be fine.Materials listed, it looks like that may be one that just resembles, but be sure to ask your agent first, or the seller before you spend time and $ on it. 

Hi, long time listener, first time caller, I just made this account today to post.I'm starting my final year of undergrad with a job offer to work remotely at a small tech company.

I'm excited to be under contract for my first short-term rental in Pompano Beach, Florida. 

This was a long time tenant and I texted her for details.