It sounds like you have a ton of experience and a nice size portfolio to go along with it.

You show them the breakdown and take pictures of every hole in the wall, torn carpet and blow them up so they can really see the size of the repairs, ha ha.There's no hard fast rule.

This is very impressive considering their size.

[size=18]Learning The Types Of Loans[/size]1) VA - 88%2) FHA - 82%3) Freddie MAC (FDMC) - 92%4) Fannie Mae (FNMA) - 90-92%5) Conventional Loans 80% (no set limit)Of appraised/BPO value.

Your best bet is a broker or correspondent lender with a medium size officet that is approved with many lenders/investors.Just because you walk into a bank to get a mortgage doesn't mean they are actually the lender.

There are 25 to 30 SF homes in that neighborhood that are comp in size and style.

Call 4-5 find out what they think of the area, what they see properties that size selling for per unit and what the expenses are per unit by category.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Good LuckPaul

______________________________________________ What is the acreage or lot size?

(IE just under X size)2.

If you are creative with your financing, and use the tools (like your VA loan) to your advantage, you have every opportunity regardless of rank, and for the most part us O-types don't get down-payment sized reenlistment bonuses for key career fields, so you might actually have a leg up in getting started on me.