This will change your "buy in" price but as others mentioned with your VA loan or if you decide to go with a 5% conventional you should be in good shape to find a property. 

I'm new here but I've been listening to the BP podcasts for some time now as well as lurking around the forums for the past few weeks so I decided it was time to introduce myself! 

We can help with everything from finding the property to completing the rehab and even long term property management if you decide to buy and hold.

Hello,I have been investor of single family but my future plans were uncertain so always stayed in rental house myself :( Now, I decided to settle down in Folsom, CA but as usual, price is looking too high. 

what does he need to understand if I decide to send it to him, or is there another way to go about this?

It might be helpful to decide what you are aiming for in rent (and what the local market will bear) to decide how much it makes sense to put in this deal.

Now I have decided that I would like to start adding to our real estate portfolio so I started researching and found BP.

I'm trying to decide if I should sell or just wait to see if it passes. 

Curious what path you decided on?

My father is a year from retirement and has decided to withdraw his 401k to help me buy some additional investment properties.