I know I am going to word this improperly but is it possible to wrap the new purchase and the older property on the same mortgage and use the equity to reduce the down payment of the new purchase?

And, as you continue to buy more properties and form more entities to segregate your assets, you may decide to form a parent holding company to reduce tax preparation fees, ease administration, and add an additional layer of asset protection between your properties and you personally (shown as HoldCo, LLC in the sample organizational chart).As for which form of entity to use, it can be state specific, so you should seek advice from an attorney practicing in your state.

Evenso, the VA loan carries a one time funding fee, though this is less than 2.5%.This can be reduced with even a small down payment of 5%.

I'm looking for a 3rd party company to execute a Utility cost savings analysis on two smaller Multifamily assets in Cincinnati (11 units) and Indianapolis (32 units).  Not necessarily looking for RUBS or any sort of u...

.$2900 (rent) * 0.6 - $1790 (mortgage: Not clear if this included full PITI but if it does the 0.4 should be reduced) = -$50/month (cash flow negative but I believe the mortgage includes full PITI so …)Lets assume the $1790 include insurance and property tax and that those two equal 10% of the rent ($290/month - I have no idea what prop tax and insurance costs where this RE is located so I used 10% even though my current prop tax/insurance to rent ratio is ~15% and that is with some prop taxes far below value).$2900 * 0.7 - $1790 (mortgage with tax and insurance) = $240/month.Lets use $250/month * 12 * 10 = $30K (versus $90K).If we use 15% for prop tax and insurance to rent ratio$2900 * 0.75 - $1790 -$385$385 * 12 * 10 -= $46.2K (lets use $50K)$111K + $50K = $161K. 

My wife and I faced tight time frames and financial stress for the first few months with this rental.

This would most likely reduce a gain (if sold) down the road, and increase your depreciation deduction annually. 

My thought is that I can increase the Heloc on the property once the addition is complete to use toward my next purchase.Pros:- Total cost in the end is far less than any other option (by over $100k)- Monthly payment is reduced by $900 after 11 yearsCons:- Can’t pull money to make another purchase until apartment is constructed, (if the market will still allow).

He told me that the best thing he ever done was become a mortgage loan officer because it paid the most money out of any job he ever had plus it was the least pressured & stressful job than any other and I want to know what ya think of thisHe has done every possible job that exists related to real estate.

In your experience thus far, have you seen any major time or stress as a result of this rental type?