Instead, consider a HELOC or home equity loan to fund repairs, as the interest may be deductible if used for home improvements.This post does not create a CPA-Client relationship.

Your VA loan will be crucial to your real estate investing growth, especially since it affords you the potential opportunity to own more than one property, depending on your overall allotment.For active military personnel, that conundrum of where to invest and where you will end up is always part of the issue that sometimes causes analysis paralysis so it's great you have one in VA Beach already.

I would suggest reaching out to owners of multi family who have no loan on the property.

Financed Loan Amount: $172,0004.

I flip with cash, not loans, mainly because there are not enough deals out there that meet my highly selective acquisition criteria, so no need to pay interest on cash otherwise sitting in a money market account. 

If you have a loan, you may wish to look into due-on-transfer clauses.

One thing I continue to think about is how valuable 2-4 unit properties are becoming, and will continue to be, since Fannie/Freddie took the income restrictions from the 5% down conventional loan option for house hackers. 

I did trying to do one subject to loan an my real estate investor didn't know much about it. 

I began shopping for a large construction loan to build a new car wash on the land. 

My in-laws loaned us the total purchase price minus $5,000 on a 3% interest rate.