Anyone have experience using a FHA 203k loan in LA before?

Im going to need the rental income to show for the mortgage as I think we will come up short in what loan amount we are looking for.    

Having a VA loan and living in FBX is an amazing place to be starting.

I wanted to provide some feedback to the developersRequested features:- Save basic values from last calculation or default presents: interest rates, loan term, variable expenses, etc.- Small notes section to elaborate on property calculations, such as noting the calculation was based on a loan assumption or short term real estate strategy - Ability to edit name of calculation to something other than the address.

I know that there are low down payment loans for primary residence.

However, if there is a dwelling on the property there is 1 year from the auction date to cure the loan. 

The deal is structured to pay 15k to seller, 3k in arrears on the loan, and 12k to the wholesaler.

Another tactic is pricing out current materials costs and then trying to assess labor separately where possible.

You could say they are FDIC insured to an extent but claims to be made whole on a failed bank to get reimbursed by the FEDS can take a very long time in some cases.The NNN even if return was 5% you have hopefully property appreciation value long term, tax depreciation against the asset, rental increases, etc. you do not get with the bank.So my clients unless they are buying say a 6 million and up single tenant where I can land 7 plus cap rate above the debt a little those smaller deals sub 4 million do not work unless they are paying all cash or have a tiny loan like 25% LTV so the high interest rate does not affect cash flow that much.So what if someone HAS TO buy with 1031 for large taxes. 

So, if I am putting down say 20 percent on a new loan for a vacation rental, my realistic goal should be "Let other people pay off the rest of my investment for me."