This is one of the premier properties in the area, and occupancy has been very close to 100% over the past four years.Not only did we obtain this turn-key ready property in a fantastic location at a significant discount, but there are plenty of value-add opportunities as well without spending any money!

I am looking at a vacant property in my target neighborhood and from what county records indicate, the subject property has been used as collateral for the owner to purchase their primary residence. 

In addition to education, networking is the key.

@Heidi Foster keep an eye out for our BP meet ups here in Chatt, we had one last night they are typically the third Thursday of every month, if you set a key word for Chattanooga you should be able to notice the next one.

Some will come along and say start a formal eviction and legally do things by the book and lose money for the next 90 days waItIng ..stIll others will come along and say pay the guy cash for keys strategy to persuade hIm because Brandon says it’s a good idea in his book .

You have that hustle to make it happen, which is a key factor in riding any down turn.

It’s like communication is key...

==> The key word is "today".

Are there any key points I should be listening out for tomorrow and/or specific questions I should ask pertaining to the topic?

I could HI Kevin,This transition that you're asking about above is extremely important to transition smoothly and plan for because it will ensure your subsequent VA use for additonal purchases.Once the current property is refinanced with a non VA loan this will free up your entitlement for additional use.The max conv limit in Ventura county Ca is 672,750 and the max loan limits for a high balance loan can go up to 95%.So what this means is theoretically you could refinance up to 672,750 loan amount with an appraisal as low as 708,158 dollars or higher before your loan is subject to jumbo/non conventional guidelines (much tougher to qualify for and has lower LTV's).The VA loan has some key features that other loans dont have:- a trade off of no monthly PMI but the upfront PMI is huge, equivalent to 2.15 - 3.30 Points (borderline hard money points).