You need a great mortgage broker who has these options, a big box bank lender does not have the choices to broker.Here is the HUD list for Virginia and some reasons why rejected.

Can i Have a VA loan and a FHA loan at the same time?

We live in the Richmond Virginia area and we are seeking a lender that will approve sub standard  credit.  

I'm wondering what will the possible penalty to be if the property we purchased not as our primary residence by using VA or FHA loan after lender found out?

Virginia just passed a law requiring wholesalers to have a real estate license.

You can Google my name VA loans and see my reviews on line. 

For some background info I just closed on my first home using a VA loan .

This will get you experience in remodels and much lower down side than a normal flip because you are literally living in the house (so you know exactly what is going on and 0 travel time) and you are utilizing a low down payment, low rate program like a VA loan.

I purchased it as a single family with a VA loan and used the BRRR strategy.

.- https://www.realtor.com/realestateandhomes-detail/Billy-Ln-L...VA:- https://www.realtor.com/realestateandhomes-detail/Dillards-H...- https://www.realtor.com/realestateandhomes-detail/Egypt-Bend...- https://www.realtor.com/realestateandhomes-detail/Riverbend-...The areas where the tool "looks" were pre-screened.