VA assumable mortgage

[Daniel Kries]

For some background info I just closed on my first home using a VA loan . I'm currently house hacking and mortgage is covered and then some . I have a coworker who is eager to sell her townhome and she is willing to have me assume the mortgage .
VA loan 

Bought for  165,000

5,000 in equity 

Willing to sell for 180,000

3.125 interest rate 

My dilemma starts with me just closing on my first home and my debt to income ratio. My Mother and I have a great relationship and she’d be willing to consign . 

[Caroline Gerardo]

No the one year occupancy is not just ignored for the seller.

No idea what Mom's income, credit and assets are so cannot tell you if she helps your profile or not. Does Mom own a primary residence, is she working in the location where this house exists?

What are the market rents for the property and do you have $15000 for the down and $8000 for all the closing/title/settlement/new impounds? $23000 plus you or Mom need a cushion for reserves as you won't rent it day one. My guess is PITI is around $1017 so you hope rents are 1300. Is this location improving?