Sounds intriguing.    

Tie Lasater Your story sounds very familiar to our story, however we have yet to find the success piece.

I didn't look up the limits,  but that limit sounds like it is for a SFH.

Sounds Army/Air Force if I’m correct.Well done on your VA strategy.

@Rich Bravo Sounds great Rich, I appreciate you reaching out to me.

That sounds great Kurt!

@Wayne Brooks  and or for tax reasons.but I would wonder is it not financially feasible or just not something this guy wants to do.if it has market value buy it and resell it.. if its in an area like many markets were bare lots have zero or negative value since existing inventory can be bought for less than replacement cost then.. its a tough one if they are adding value to the price of the home.out our way extra lots are GOLD and highly sought after.

This scenario sounds good when I write it down but scares me to buy at what seems like the top of the market right now.  

I know it sounds like that is the thing to do but why do the bank favor when you can reinvest that needed money into more real estate!

One reason I don't predict a major crash again well a few.. and why I think fence sitters may get a sore butt.is that so many of the NEW crop of landlords are better prepared than pre 08  they have more money into the deals they are far more educated.. the turn key business is far more mature and reliable than pre 08... so that helps those markets. financing has been locked in at historic lows 5 % and under long term money is ridiculously good.. also this crop of landlords had the best buying seasons ever coming out of 08 to 2011.. so asset values were reset to under replacement values and under by a long shot in some markets..