So, my question is this; I live in Delaware and One of the properties is a complete rehab, I mean down to the studs basically. 

The house is in a Great location in town, on a cul de sac and most of the houses that have had trouble selling in this area also are the same ones completely outdated.4.)

We currently have a VA loan for a single family home in Delaware.  

I was just speaking with an investor who decided the stock market wasn't working for him either and realized that real estate is the way to go in securing his financial future.I see you are from Delaware, OH.  

@Wendell De Guzman I see.

(pics below, taken with quad copter and gopro) in an established neighborhood that is a small cul de sac with around 6 other houses.

Hi Guys,I am a newbie and planning to purchase a single family or town home in Wilmington Delaware.

do you equity in the property that you own Upstate, if you do then why not open a HELOC, and purchase the new investment property to get the cash flow you need, then possibly after 6-9 months try to refinance the property possibly buy and rehab of fixer-upper, take that and buy 1-4plex or buy and hold single residential for the passive income, you should be in a fair market if you live in the d.c. area va/dc/de/md metropolitan i have family in glen burnee not that far from you, just take aim at your niche and pull the trigger, be sure to do proper due diligence and you should be alright, keep posting but most of all keep sharing

In addition, invest into affiliate programs that would benefit your current email list and take advantage of Deed Sales in Delaware County since your in that State.

I have asked two realtors about what cap rate investors are deploying capital in Dover, Delaware.