I won't pretend to be an expert on all of the intricacies of VA lending but you should ask a VA lending specialist about second-tier entitlements.  

Building on what Jon said, we're lucky if we buy one house a year, so we don't write a lot of checks to contractors and pretend our time is better spent "finding deals".

In a pretend world and I could finance the 240k at 100% over 30 years at 7% interest my payment would be 1600 a month or $19,200 a year for debt service.

But if FHA is going to compound their lack of faith in borrowers on top of these high lending standards, I'd appreciate it if mortgage brokers out there would stop pretending like we're all in this together

In other words, pretend that you are about to gut your entire house and remodel it from top to bottom.

Hey boss this buyer is a major player he wants me making 20 offers a day etc etc.. the rookies fall for this.. experienced agents tell them to take a hike.I would then ask my agent to invite this so called big shot 20 offer dude in to the office I want to vetter them for you.. usually by the time I was done with them.. the pretenders just kind of slinked out .. the players I took to lunch and golf   LOL...

Anyone in California of course should pretend that both PDFs have my contact info on it, as well as language implying it's some super duper special thing that only I offer and no one else can match, and not a vanilla Fannie Mae thing that anyone can do.

Eventually once I have a pretty consistent cash flow coming in, I will begin to invest in some rental properties.I do not know everything about real estate and I wont pretend that I do either, however, I do have some business knowledge and I plan on treating this like a business. 

All "squatters" are not those walking on your land.Some do so by posting false or fraudulent liens in the property files of your County Clerk's land office.The majority of liens posted in many counties relative to "securitized mortgages" are questionable, if not fraudulent.Question the "squatters' rights" of any "interloper" to real estate closings where "pretender lenders" have insinuated themselves into closings concerning your homes.If your closing documents refer to MERS, or if "mortgage servicers" have filed "robo-signed" liens on your property, now is the time to take personal action to eliminate false claims against your interests.Send Truth In Lending Act (TILA) Rescission Letters to any and all who have at any time claimed an interest in your property... including the "pretender lenders", especially if they are the Too Big To Fail (TBTF) banks, MERS, and mortgage servicers like Ocwen or the TBTF banks own collections arms.These fraudulent liens (used to file wrongful foreclosures), create probable title clouds that are likely to permit previous homeowners to reclaim their properties from unwitting "investors".This reality is exactly why I will not acquire properties at foreclosure sales.... and why I seek farmland uncluttered by the Financial Crisis mess.There's more, but this link may open some eyes.https://deadlyclear.wordpress.com/2016/07/27/about-those-1099-and-other-tax-filings-from-servicers-and-banks/

When there are disagreements with the potential borrower we do provide a dispute process allowing the customer to have us take a second look at the evaluations. 9.We’re not pretending to be something we’re not.