When not 'full income' verification, which can even allow for high 55%+ DTI there are alternative income verification guidelines like bank statement, P&L, DSCR, Foreign National, Asset depletion, bridge and portfolio programs that allow expanded ways for borrowers to qualify. 

I have had experiences with a lot of different bridge lenders.

So, to follow up on this thread -  I found someone else in the forums that found a lender for a full construction VA loan using iMortgage and FGMC (I guess to do some kind of bridge loan) - used in combination.https://www.fgmcconstruction.com/www.imortgage.comThe problem we're having is that the guys at iMortgage are just not very responsive.  

I'm personally in Broadmark and Arixa and considering Iron Bridge.

For example, both of the following are possible: 1) Extreme leverage - an "All-in" bet on appreciation: A syndicator can raise capital for multifamily, take out bridge debt on a low-cap rate property, and then lever up again with preferred equity to effectively give the common equity a 90%+ leverage.

We're in real estate and will cross paths again eventually, doesn't seem to make any sense to burn a bridge. 

Short term bridge loan, they require much less down payment (10% or less) after stabilizing the units you can refinance with a better loan option.2.

Otherwise you could finance by credit card, bridge loan (use this property as a collateral) or HELOC.

The policy is a bridge to rents stabilizing as President Biden’s plan to build more takes hold."

If you want to leverage, you could use the property as collateral, take a hard money (bridge) loan, rehab, then refinance, which also makes sense.