Bear in mind I've only read a very few articles on this, so I could be completely wrong.

If you have that amount of money, and aren't sure what to do with it, I advise you to put it in an interest bearing account, and educate yourself first, beginning here. 

The listing price, set by the agent and owner, has no bearing on what price the bank will accept.

I drive near Chino a decent amount though, heading off towards Big Bear or somewhere out that way hiking or whatever calls my name. 

There are some pretty interest rules to it but you can keep that VA loan on the home that you currently rent, and then get another VA loan on a different property at the same time if you fit these parameters...and bear with me, these are going to sound a little strange.The first element is that your VA loans have to be in the separate "pools" or "buckets" concerning the loan limit. 

Applicant must provide the following:- A Driver’s License, Or An International passport, Or a valid Identity Card bearing his/her name.7.

I am 24 years old with about a 700 credit score and my brother is 21 and bearly starting credit.

@Jason Vannoy I won't belabor the great points made by @Andrew JohnsonTax value doesn't have as much bearing as comps in the area.The value of the home doesn't change with the method of financing. 

Is there some cost which buyer agent bears that I should keep in mind ?

@Mike R.your mortgage balance has no bearing on whether or not you can be sued.