Question from the other side, appreciate your help:House owner was trying to sell his house but didn't get good offers so he rented it out to me, we signed a lease and I gave him the security deposit.Later before move-in, the owner said the house was in a contingent sale which the owner cancelled but the buyer didn't and the buyer fulfilled his conditions and he wants to move forward with the saleWhat are my options as a tenant, move in date not reached yet and owner saying sorry go find another place to rent?

Plus every time the house sells you start that amortization schedule over and you're on the "winning" side of the payments from the new owner so to speak.Obviously this only works when you've got low payments yourself or you manage to increase the value of the home significantly, but is there anything else I should be looking out for here? 

Hi everyone, I am a newly licensed Mortgage Loan Officer in Texas.

Not that these things keep the house from passing for a VA Loan, but that you don't have $5,000 in cash to do the Upgrades .....

I am looking to use a VA loan to get a house but want to purchase a rental property and get started on getting cashflow.

Density (people per sq. mile) 118 Households 1,144 Households With Basements 11 1%Renter Occupied 344 30% Multi Family 388 34% Average Household Income $81,235 Median Household Income $74,682 Per Capita Income $27,841 Median House Value $186,500 Household Size 2.9

I know that you can only have one FHA home loan open at a time, but what if you have a VA loan open?

My main concern would be vacancy rate, since I know there is still a good amount of vacant houses in some areas. 

A SFR was built in 1947 and required renovation.The 2nd parcel, which is right next to it, is an vacant land, no address associated to it.My initial thoughts are:1.Purchase this property and rent the house after minimum required updates 2.

This house was roughly 2500 sqft, but needed a little change in layout.