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.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Is that true when Fannie and Freddie run that calculation?

I bet that would get some people thinking. 

I am betting it would be substantially higher. 

View report*This link comes directly from our calculators, based on information input by the member who posted.This deal is available, but the sellers are asking for $28,900 and are looking to sell soon, so they can take care of their mother who had to move from that house due to old age.  

some of the biggest wealth in the US is generated by path of progress land plays usually the farmer seller to the developer.but I will give you a few of my personal land plays.1. 3.5 acres Rohnert Park CA.. when I bought it in early 90s it was unbuildable.. but it sat behind a home depot and I took a calculated risk.. now its been annexed into the city and zoned mixed use residential and sites right next to the Graton casino they built a few years ago..