Would need to live in the home as primary at the time of closing on either program.

Non-QM are Generally about 3/4% to 1% higher than Conventional rates, but that really depends on the program, your credit score, LTVs, occupancy status, income documentation type used (if any)...and the list goes on.

Since you are using the property and renting, you'd want to look into a second home or vacation rental loan programs.

Should let them know 300% makes them eligible for LOOP program. 

Buying with a NON-QM program is the best way to go about it nowadays, as 1: it won’t report to credit reports, 2: quicker closings 3: it won’t ding your DTI .

I read an interesting paper the other day, dealing with the question if we could re-launch modern society, if we had to start over from a pre-industrial stage for example after a nuclear exchange.

@Benjamin Hazlett will need to use a different program.

However, the LLC will not be liable for VA loan mortgage payments.Also remember, any given loan provider DOESN'T CARE about your asset protection, the loan provider only cares about protecting its interest on the payments due.Essentially, a refinance will allow ownership and loan program conversions.Loan transfer restrictions on VA loans do exist, so tread lightly. 

This criteria is for 1-4 and 5-8 unit programs.

Not lazing around in a deck chair all day and having checks just flow into your mailbox like they might with Dividends from owning a stock certificate.3) I would love any feedback on what you think are the main forces holding people back from becoming financially free.21% Of the population Is on government assistance- many in here like that and wish there were more because they benefit from the section 8 rental assistance program that these people use to be able to keep a roof over their heads.