And if it's a high amount, would you be better off just using that as a downpayment and get a standard new investment loan?

That translates into $208 to $375 per month on a $100,000 loan.

Your VA loan will be crucial to your real estate investing growth, especially since it affords you the potential opportunity to own more than one property, depending on your overall allotment.For active military personnel, that conundrum of where to invest and where you will end up is always part of the issue that sometimes causes analysis paralysis so it's great you have one in VA Beach already.

I do not have any loans through Flagstar Bank, but I would talk to them prior to moving it into the LLC.

Possibly break loan covenants and can't cure default, lender takes back property.  

There was also a loan grant available from the state of NH for first time home buyers for 3% down payment assistance.

In addition to conventional loans and FHA loans, if either you or your wife are veterans, the VA also has a rehab program.I'd be happy to discuss my rehab experience both as an investor and as a mortgage broker, and at least help you think through your options. 

What is the minimum amount of profitability acceptable at a $60 million loan volume4.

I have also been doing quite a bit of research on Loan's, tax consequences etc., and am working towards being a expert in this niche.  

They finally get back to me after the close date to say they need more time because they are try to cross collateralize their other properties to make this deal happen and the bank they were using doesn't do this kind of loan.