I have enough money saved up for a good down payment.

I have $15,000 in business credit, excellent credit and still saving up cash.

VA loans are the best loans on the planet in my opinion. 

I’m here to ask the experts which route I should take, if any.Basic details about me: I’m 34, recently married and no kids but planning to within the next 2 years(this detail is just for you to know that I don’t have much restrictions on moving aside from commuting)I currently own a coop in Yonkers, NY with roughly 50k in equityI am willing to invest in the tristate area but if I have to live in the property I have to limit my distance to Bronx, Westchester and Connecticut.I also have enough saved to buy a 275k property with 20% down or the max allowed with an FHA loan (this is without having to sell my coop)I have excellent credit which will qualify me for loan without an issueThe way I see it I have 3 options in order to get started: Sell my current coop, buy a triplex in a worst neighborhood with more TLC needed, and move to into the property for at least 2 years to qualify for an FHA loan.

I am currently taking advantageous of living at home and saving as much money as I can.

This can save significant funds in closing costs by selling the company rather than the real estate owned by the company.  

I have some money saved up, but not nearly enough to purchase a house for $700K which is the average cost of a home in the area. 

I have some money saved up, but not nearly enough to purchase a house for $700K which is the average cost of a home in the area. 

Thus, expensing the $10,000 machine in Year 1 saves you  $3,960 ($10,000 × 39.6%) in federal income taxes (there may be self-employment tax savings as well).In Year 2, let's say, you find a who is willing to purchase the very-lightly-used machine for $10,000.

Since I am fairly new to real estate, it is kind of a catch 22 where you want to save on the interest, but at the same time you also want to save for the next rental deals.