I currently have three properties that I purchased in my name as personal residences.

Purchase price: $1,250,000 Cash invested: $210,000 Sale price: $1,740,000 Purchased this 4 unit townhome style 4 plex in Arvada.

I think you're saying you'd like to make a deal with the buyer to purchase the property, however, because they don't have title, it's not the buyer's property to sell.In that instance, what you could do is offer a four-year lease during which time you make payments that would cover their payments to the owner, and an option to purchase.

Depending on credit history and how the property would perform from a rental income standpoint you may have access to up to 85% financing on an investment property 1-4 unit purchase. 

.- thanks -  pay towards the 2 loans the same way ...look to refinance  when and if rate drop ...if interested in buying more rentals - consider saving these  funds to use for your next purchase ...there are many great amoartization calculators avaiable for free that you can use to review scenarios 

There are lenders that will allow up to 85% financing on an investment property and 90% on a second home purchase assuming applicant meets program requirements. 

The rehab budget cannot exceed the purchase price.For a lower-value Detroit Purchase + a 50% rehab budget, say $50k purchase + $25k rehab, the following type of loan scenario would be a possibility:

In circumstance, VA will approve the purchase of a second property.

You just have to make sure all of your numbers are good before you purchase.

However, county loan limits still apply to Veterans who have previously used, and not restored, their VA home loan entitlement to purchase, refinance, or construct a home above $144,000.Your entitlement can only be restored when the property is sold, or the loan is paid-in-full.