It depends on the number of properties you want to buy.

You can get discounted REO deals from $50K to $100K with a potential ARV from 20% to 40% or more depending on many factors.

We use Jurny but depending on the county they may not be available to you. 

But we will make that up with no state tax and every house has air conditioner/ Forced air :)That VA loan is valuable and sounds as tho it's no longer a dream,,, it's happening.

But speak to your tax professional and your attorney on what is the best course of action FOR YOU.

i researched that its doable and it depends on the VA credit or entitlement they have to determine what they would get approved for to purchase another home.

Once the borrower is tied into these they are quite cumbersome to manage for the borrower and god forbid there is a default of any kind :)  or with the pre pay penalties and the reporting and the covenants to keep a certain DSR etc etc I mean look at all the syndicators who are leaking oil because they cant meet loan covenants.. 

Hey Lucas, You could finance your first BRRRR and it may be a smarter strategy than deploying all of your liquid reserves into one property for the next 3-12 months (Depending on the loan for the refi). 

You can have multiple VA loans (personal experience - I've had BA loans, although not at the same time), but they work off of a max loan amount (~$417k but also depending on where you live, as different areas have some type of cost of living multiplier added to the equation).

With asset based or DSCR (debt service coverage ratio) loans or rental specific loans, lenders calculate the income by the PITI (principal, interest, taxes and insurance) to qualify for the mortgage loan.