Renting out owner occupied?

[James Cameraon]

Hello,

I am in process of purchasing my second home using VA loan. The home is new construction and a few blocks from my current home.

The builder is offering to rent my home so they can use it as a model home for 18 months.. this would prevent me from fully moving in and meeting the owner occupied status.. this is going to be our forever home so if I changed all bills, dmv, work, bank account and insurance to show this is my primary and move into the garage while renting the rest of the house to the builder.. would this meet the owner occupied requirements? I would be living in both homes until we can fully move in but all my mail and life will be showing the new home.... it’s 18months of zero out of pocket, the builder is offering to pay all costs for the rental agreement.. would you take this offer? I don’t have the money for the conventional down payment but this offer seems too good to pass..

[James Cameraon]

@David Pere don’t they typically sell off the loan to different banks after closing? I spoke with the wife and were gonna turn it down. I can’t risk my career with a criminal record.. but that voice keeps talking lol. I am looking into property management for my current home... would you recommend it for the first rental based on your personal experience? I found one with great reviews that charges 7%