Returns are heavily based on how levered you are. 20% down performs better than 30% down in terms of overall return.

I don't really want to tread water, or worse go backwards.

Purchase price: $1,360,000 Cash invested: $500,000 1BR 1BA with outdoor patio and water views in Manhattan's beloved West Village What made you interested in investing in this type of deal?

You get a set amount for your entitlement (the amount is based off of where the property is located) and as long as you don’t go over that amount, you can technically get more than one VA loan.  

There is no recorded lien, but that debt is attached to the title of the property and its based on not the sale price but assessed value (because of the passage of time since the death of the owner) and also based on WHO inherited.So, you buy a property at tax sale for $50k thinking you got a nice deal, BUT the heir to the property was a nephew and the assessed value is $200k.

I'm currently considering an off-market potential deal in GA and would like to do a quick sanity check on my underwriting with your help:Land Size: 96 acresDevelopment Potential: Zoning allows for 3 houses per acreLocation Perks: Public water.

What is your exit strategy... pay me in cash based on rents or other income?  

What's your best advice for getting her boat back in the NYC waters?

My first property was based on a VA loan.

However, we experienced a similar item with water.