Bryan, with older VAs, the pricipal has been reduced so there can easily be enough bandwidth, newer VAs I beleive go up to something like 200+K, doesn't mean they use all of that to buy the first home under a VA, so there can be more to tap into, especially at today's prices.The best way to disclose, IMO, is to say that you may not be eligible for another VA loan, I wouldn't tell them they can't unless I looked at their entitlements and loan balances.I haven't done VAs for so,me years now, the amounts of the entitlements change with the median price of homes, I have never seen them come down, but I guess they could...later

What do you think about reducing the rent by $100 and transferring the utilities to the tenant's name?

Many borrowers that elect to utilize a first lien position mortgage as opposed to a HELOC try to reduce the pre payment penalty (to one of none) so that they can pay down the loan balance from the proceeds of their completed acquisition and refinance at a lower loan amount.Another alternative to DSCR cash out refinances could be fixed rate second lien position loans which can offer expanded guidelines and slightly more attractive loan rates. 

The profitability of the investment may also be increased by arranging for a balloon payment, extending the repayment time, or negotiating a reduced interest rate.Thirdly, consider the advantages of purchasing the property using seller financing in the long run.

What I mean by this is that it seems to me that as the course of the note is paid, the equity is being reduced and more importantly, how this affects your net worth. 

Since he is silent, you can get the LLC w/ SCorp since you are flipping to reduce taxes.

We are looking to begin this process with the primary motivating factor of reducing our tax liability and then creating some generational wealth for our kids.

House hacking can reduce housing costs and build wealth by providing tenants and property appreciation.

Also, they have drastically reduced their audits the past several years due to significant manpower cuts.

@Mateo GarzaHouse hacking and live-in fix and flip are two strategies in San Antonio, offering steady income and reduced living costs.