Best use of Credit-First Time (Hardworking, Intelligent) Investor

[Letitia Griffin]

I have several family members that will be willing to assist me with investing in real estate. I am currently a licensed underwriter and I have been researching investing and my current area for the last year or so. I am not sure how to make use of their credit abilities without having them move into the properties-as would be required by a Fannie/Freddie insured loan. Should we just try to get a conventional loan and put all of their names on the property. Should I create an LLC and make them limited partners? I want to get started and I have run numbers on some great deals in the area but I am not sure of the next best move. Please help. Ideally I would like to do 1-2 flips first before moving into buy-hold and multi-family. My dad also has a VA loan entitlement however that would again require owner occupancy. Please help!

Family Members: Dad/Aunt

Credit Scores : 720+

Current Area: Hampton Roads

Side note: I will also be getting my real estate license after I graduate college next month.