Thanks in advance.Warm Regards,Bobby The loan limit in Santa Clara would be 636,150 (new updated limit from prior of 625,500) as of Jan 1st 2017 and like you referenced you can bring in 25% of the difference up to your sales price above the 636,150.The nice thing with VA financing is that you will not have to adhere to the self sufficiency rule imposed by FHA which pretty much takes all 3-4 unit loans off the table in high cost markets like yours (could work in Tulare, modesto, some parts of sacramento, bakersfield, etc in CA).If its your first use its 2.15% upfront VAFF - VA funding fee or up to 3.30% for subsequent use of the VA program (this can be lowered by putting 5% down to get it down to 1.50% or 10% to get it to down to 1.25%).

You just need to show that you have sufficient liquidity and can service the debt. 

My question is, if you were to go back and make a choice from day 1, would you recommend the stock market or property for capital growth?

When I send the renewal letter, I offer two choices.

Probably want to get an accountant and an attorney (for the Operating Agreement), but this "solution" is cost effective, necessary, and sufficient when dealing with more than one and less than several people.

If the borrower intends to use the same asset to satisfy financial reserve requirements, the lender must reduce the value of theasset (the account balance, in most cases) by the proceeds from the secured loan and any related fees to determine whether the borrower has sufficient reserves.""

If you don't sign those docs (for example, if you already found another property), you're never under contract.If you're buying from a private seller, you have two choices:1.

There is risk in all kinds of investing, but if you can not sleep at night with a 30-year fixed rate loan at 4% on a 4-plex, then RE may not be the best choice for you.

Show you say who you say you are, show you are the go to company to get their house sold.If you come up with sneaky ways to "win" them over... and there is an other website competing with you... and they are straight shooters, no need to convince anyone, they effortlessly are the choice house buyers, .. while you are obviously fishing for emails, do you honestly think they will waste time with you?

If so, you should be able to pay it down sufficiently in 3-5 years, along with improving the performance of the property, to be able to refinance and pay the private note.