There are a lot of programs available to help with renovation costs being built into the loan on a primary residence purchase.  

Why do you think purchase contracts are so long and have such small print?

In circumstance, VA will approve the purchase of a second property.

However, county loan limits still apply to Veterans who have previously used, and not restored, their VA home loan entitlement to purchase, refinance, or construct a home above $144,000.Your entitlement can only be restored when the property is sold, or the loan is paid-in-full.

Home in question: https://www.zillow.com/homedetails/120-Ramon-Cardenas-Dr-Del...Background:I'm closing on a 4-plex in a couple weeks that I will owner-occupy. 471500 purchase price using 0% down VA loan.

I'm about to put an a bulk offer on this portfolio, to either wholesale or ideally to wholesale and purchase at the same time.

Purchase price: $194,500 Cash invested: $51,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

Why do you think purchase contracts are so long and have such small print?

I'm looking at finance options to purchase an entitled lot in Truckee, CA and build a SF modular home on it as an investment.

You may wish to consider taking the property subject to and giving the end buyer a sweat equity lease option or lease purchase with the one time right to assign the option/purchase agreement once repairs are complete.If the sellers options are really limited he might just have to buy a cheaper home.