If multiple offers on the table, clean and simple, even at potentially lower price, will often win the bid.

So I *can* have multiple VA loans out, as long as they dont exceed what.. maximum VA allowance, or what I *personally* qualify for?

It was lower than the asking and the sellers initially were disappointed but when they saw their friends sitting for months and eventually a year they were real happy they took my advice.The fact is it costs money to sit on a property and it cost you buyers if you price it wrong...If you price it to low you will get multiple offers so in my opinion set the tone and price it aggressive and move on to the next deal.

Competition is very tight with multiple offers going into buy transactions from what I've seen.

Multiple refinances can affect your credit and it can take years before the savings on the refinance payoff the closing costs.Most likely the loan on the $75k purchase is at very low rate and it would be wise to keep it there.

J Scott, wish I could vote for your post multiple times!

Using HML you will need skin in the game.Conventional requires 20-30% down if the property (and your credit) is even bankable.

Trying to send all of that for multiple properties at a time is way to unwieldy.

Fast forward to a few days ago and I get a call from him with news on this Dalerose Rd property -there were multiple offers, but from what he gathered he didn't think they were all that far off from list price.

Having investments in multiple markets after you get some assets under your belt is a good idea as well as trying out more then one type of asset.