Was just approved for a traditional loan at 4.2% on a nice foreclosure.

I live in a traditional Chicago 3-flat.

From a traditional banks?

You will need cash to buy and fix, your chances of traditional financing are slim unless you take out a loan from Aus.Have you figured out how many rentals you need to be able to retire by 30? 

As for the VA loan, I will likely just use my wife's this time around or perhaps just go for a traditional loan. 

I was told that mine will no be a traditional closing and I'll just be scanning my license and signing a few documents for closing. 

When I had a ROBS account, I was purchasing all cash, not financing.You won't be allowed to secure the loan using your IRA or any assets within your IRA, so traditional financing is out. 

The site should have, among other things; information about the home, the neighborhood (schools, shopping, etc), interactive virtual tours (where you can actually navigate through the property similar to google street view, not just the traditional "virtual tours" which are essentially glorified slideshows with background music/narration), video of a drone aerial property survey, CMA data and pricing justification, links to any press on the property, and a way to easily/discreetly inquire about the property or schedule a private viewing.Something else that I find is almost always advantageous is using the avenues provided by the neighborhood you are in to help sell the home.  

Since the buyer is essentially giving $50K to the seller via traditional financing, do we prorate the $200K gain by recognizing 25% of the gain at the time of sale ($50K/$200K = 25%) which will be spread out over the life of the loan?

We've come a long way from my initial introduction about a year ago so I wanted to say hello again for the first time.A year ago we were:Had a cashflowing property via traditional financingWere getting our hands dirty with our first flipLooking to learn about Creative Financing and NotesCurrently we are:Fine tuning our direct mail campaignFine tuning our business and business strategyLooking for creative financing transactions worth doing (subject2, lease-opt, wrap, delayed close, OWC)We go to The Outback meetings and are getting back in the habit of going to Phil Dwyer's Henderson meetupLooking for more REI meetups, groups, web conference callsLooking to connect and share with people actually investing full time (more meetups, more coffee, more war stories)This year:We are focused on acquiring cashflow but won't turn away smart capital gains transactions.