Otherwise, she needs to follow the terms of the lease.I wouldn't care if a tenant typed up a copy of the lease, provided it was literally a copy and didn't have any changes.

I’m accustomed to doing properties that I purchased with a loan.

Has anyone used their VA home loan to purchase a multi-family unit and move into 1 of the units??

I lent $225,000 of which $185,000 was for the purchase of the property and $40,000 is going toward renovations.As a lender I just want to get back my loan amount back (in this instance $225,000) if there is a total loss with the property.I have seen where a lender tells the insurance agent how much property insurance he/she wants based on a price per square foot calculation.On the other hand I have also seen where a lender tells the insurance agent that the amount of property insurance should be the loan amount in this instance $225,000.

This would be structured as a DSCR loan.

VA loans are assumable so you can just formerly take over the loan.

Hi greg, just to be upfront, I don’t know your background or your network , but I find it laughable and nonsense that you are a #2 contributor for “market trends and data” and can’t provide any advice other than find a program, find some books, and go get educated.

The short list of pros and cons would be that you'll make more from STR, but it will also require more work.MTR will be less work than STR, and potentially get you higher returns than LTR, but won't provide the stability of a long term lease. 

What kind of services do you provide?

My father served in the Navy for 4 years - Can I do a joint loan with him and utilize the VA loan options?