Fix n flips don't qualify. 

Hey y'all, hope this is finding everyone in good health and good fortunes.
So I've been practicing analyzing deals, reading books, but I want to make sure one of the foundations I'm building upon is right: my buying ...

N//A

Investment Info:

Single-family residence fix & flip investment in Newnan.

Purchase price: $100,000

Cash invested: $45,000

Sale price: $200,000

Fix and flip, cosmetics throughout.

Wha...

thank you so much, @Lindel Smith, @Joshua Noth, @Gloria N Gear, @Alora Glaze, @Ash Fields.

VA Lenders Handbook - https://www.benefits.va.gov/wa...Occupancy // Section 5 - https://www.benefits.va.gov/WA...Multi-Unit Property // Section 2.n. - https://www.benefits.va.gov/WA...  // comment within: "Include the prospective rental income in effective income only if: (1) the borrower has a reasonable likelihood of success as a landlord, and (2) cash reserves totaling at least 6 months mortgage payments (PITI << this SHOULD say PITIA because ALL underwriters will count association dues against the debt service); in ref to (1) - reasonable likelihood is determined by either having 12+ months experience in the capacity of being a landlord OR hiring a property manager to manage the prospective subject property. 

N/A Cash deal.How did you add value to the deal?

 @Dre N.: when they ask how much I want to put down I always say as little as possible and almost every bank I've talked to lately always says they can do 20%, but it may come with a higher rate.

Being tied to the N.

It sounds like you had answered your question n the details of our post.