Qualifying ratio: PITI + LTD = .41 Credit Score: For a Veteran to realize the best interest rates a score of 720+ is required. 

I've taken the plunge and applied for financing and have been approved.

Here are the one's you need to use to tell yourself which way to go:If you are holding the property, or flipping it, the basic formula is the same...what changes are the specific applications and items those numbers are applied to and come from.  

My team gets most of the credit.

My credit is fair and my income is too but I do not want to wait any longer to get into investing and making that steady cash flow.

Again I'm only 20 years old and my credit score is about 700 right now so a loan would be difficult without a co borrower.

Payments should be based off someone with perfect credit and minimal down payment.* As far as cedar park to the north* East as far as the domain* SW as far as steiner ranch hudson bend, etcI can do traditional or fha, no problem.

I will have 70k cash to get and rehab a property, with a line of credit if needed.

Make sure you read all of Chris Mason's info, he answered the same questions you had:https://www.biggerpockets.com/forums/49/topics/481411-brrrr-ohio-lenders-or-credit-unions-or-brokers-oh-my

I want to use the 1031 exchange for this sale.My question: Since it is such a short time from purchase, is it possible to apply the 1031 exchange to the purchase of the 3 units?