You can also ask to see a bank statement to show proof of funds. 

This is in NJ.I spoke to someone from Andrews Credit Union who is offering 95% LTV HELOC but the banker is unsure if the underwriter will accept a duplex.

So you can move out and get another VA loan as long as you have the funds available within the max.

It's a less riskier trade for the JV investor than buying an NPN as they can begin receiving cashflow day one, and the LTV is still discounted enough to make a decent gain on the loan resale.  

Fico: 600+Loan Terms: 9 - 24 monthsLoan Amount: $75K to $2.5 MillionMax LTV/ARV: Lender typically finances 75% of the purchase price and 100% renovations (renovations are done in draws).

Now you're making cash flow every month and can use that cash to help fund the next deal as well.You're very close to completing a full BRRRR strategy and that is the best situation for you!

Is this the best way to use funds to appeal to more buyers, or leave it as is and offer credit.

They will issue you checks against that equity or just provide an account to transfer funds from.  

I also can't seem to fund my 401K enough because of normal daily expenses.

The lower the Loan to Value (LTV) the lower your risk is.