My loan broker was able to get me set up for my VA benefits of $0 down and only $1k and some change for the closing cost, with an APR of 3.25%.

Make offers on both properties at a price point that makes sense for you to make money and considers the cost to renovate & the vacancy rates.

That cost $2,300I went with a local artist who did the mural and the one by the pool for $4,200.Flooring is 4 large rugs with rug pads.Gaming systems are PS5 and Xbox One.You can see from my setup that a sofa/sleeper could easily add a queen bed capacity.  

After closing cost  I’ll be at 250k. built in 2017. 2600.00 MO income. rents can be raised some not much right now. 80% LTV I’ll be out of pocket 54,000. 

It looks like it's pretty much the same terms: 0% down owner-occupied and 5% down NOO. 2.25% funding fee and the seller will pay up to 6% of the sales price towards closing costs. 

- Refers to loans and mortgages that cover the costs of purchasing and launching your short-term rental property and business. 

Example:  VA eligibility - 500K1st SFR cost - 300KLeftover eligibility = 200K2nd SFR cost - 300KFind a conventional lender for - 100K  (now no down payment needed?)

Can you rehab cheaper, better, faster to make your numbers better. 

I'm always learning about REI because the more knowledge I have under my belt, the better I can negotiate deals, accurately calculate repair costs and etc.

The key seems to be not letting this current tax rate issue push me into making a rash Risky investment that could end up costing more than simply paying the excessive taxes now!