Its a new loan so all the interest is front loaded. 

In both scenarios neither of us would need to pay rent, my financing options are VA  Loan second teir loan(still looking for a lender) a Conventional rehab load, and seller finacing,Please advise, does one option seem better then the other, should i try to score both, please lend your opinions

Welcome to Bigger Pockets @Jeff TakaiBP is loaded with all the information you will need to succeed in whatever niche of real estate investing you wish to pursue and the community is filled with knowledgeable investors and professionals to learn from and connect with.BP is what you make it.

Round up your PP by 20% and try and off load it to a flipper.

Welcome to Bigger Pockets @Shaunak DeoBP is loaded with all the information you will need to succeed in whatever niche of real estate investing you wish to pursue and the community is filled with knowledgeable investors and professionals to learn from and connect with.

It needs to sell for $490k after $70k of upgrades for me to lose 35% (equal weight on the downside).

Was the roof damaged in some way.... wind, hail, snow load, tree fall, animals tore into it, etc?

@Michael Cohen,Yes there are what is known as "weighted" scores.

I think you should weight the two before making a move to sell. 

New washers use 15-30 gallons a load (and that is not all hot water) ,old washers use 30-45.