VA Entitlement Restoration: Veterans can restore previously used VA entitlement by:-Selling the original property, repaying their current VA loan in full, and disposing of the home-Allowing a qualified Veteran to assume their current loan and substitute their entitlement for theirs-Refinancing their existing VA loan into a non-VA product and invoking what's known as the "one-time restoration of entitlement."

You can try to act as a PM and guest comm from afar but its tough without seeing the physical product sometimes.

It's definitely plausible with FHA or there's other conventional 5% products where you can achieve a similar down payment program depending on your state. 

Does anyone have any recommendations of lenders on the northside of Houston that are used to providing these type of loan products for out of state investors? 

When your tenant misses payment or breaks an agrrement stated in the lease, they essentially are stealing from your business wether intentional or not.

Buy durable, affordable, replaceable products.

Hi all,I'm curious if anyone is aware of a lender who is able to offer 10% down on a non-owner occupied investment loan.I, personally, have used Mountain America Credit Union for this type of loan product, but I haven't been able to find other lenders who offer something similar.I'm particularly interested in a lender who offers this loan product in states like Tennessee, Florida, Georgia, Texas, Arizona, and California, but I'd love to hear of lenders who offer this anywhere else as well.Thanks so much,Max

Most leases will contain something like this:If Lessee fails to pay Rent, or otherwise Defaults under this Lease, Lessor may use, apply or retain all or any portion of said Security Deposit for the payment of any amount due Lessor or to reimburse or compensate Lessor for any liability, expense, loss or damage which Lessor may suffer or incur by reason thereof.I would not expect to give it back in this case, because essentially they have broken the agreement, but again it depends on the language of the lease you've had them signed whether they are "entitled" to it or not.

Hi @Yair Zaharovich - it's likely going to depend on the loan product you are seeking.

As far as investment properties, it's unlikely that you are going to find a lender offering a product that allows you to put less than 15% down for a 1-unit property.