You don't need to be employed either.As long as you meet creditworthiness requirements and the property is deemed to cash flow adequately, you can cash out and reimburse yourselves and possible maintain a small passive income from the property. 

Veterans who dispose or transfer their properties under these conditions remain liable to VA for any loss that may occur as a result of future default and subsequent payment, unless the property is transferred to a creditworthy purchaser who agrees to assume the payment obligation the servicer initially determines the purchaser's creditworthinessAny purchaser may qualify to assume a VA loan however, for a veteran’s entitlement to be restored, a veteran purchaser with sufficient entitlement must complete a substitution of entitlement when the ROL is closed.

Borrower: What does your liquidity, experience (as it relates to the subject deal), and general creditworthiness look like?

Still, there are disadvantages that may prevent a buyer or seller from signing on for owner financing.Advantages for BuyersCan provide access to financing that a borrower may not otherwise have qualified forEnables buyers to finance homes that don’t qualify for conventional financingLets buyers and sellers shorten the due diligence period for quicker closingReduces the cost of closing by eliminating appraisal costs, bank fees and—if the buyer so chooses—inspection costsEliminates down payment minimums imposed for government-backed mortgagesAdvantages for SellersAllows owners to sell their property as-is, without having to meet a lender’s appraisal requirementsPresents an investment opportunity with better returns than most traditional investmentsShortens the selling process by reducing due diligence requirements and eliminating the lending processStill offers the ability to sell the promissory note to an investor for an up-front paymentLets sellers retain title to their home—as well as money paid toward the mortgage—if the buyer defaultsDisadvantages for BuyersOften involves higher interest rates than a traditional mortgageMay require borrowers to make a balloon payment at the end of the loan termDepending on the borrower’s creditworthiness, the seller may not be willing to provide owner financingSeller’s mortgage may include a due-on-sale clause that requires them to pay off the mortgage upon selling the house, thus precluding them from offering owner financingDisadvantages for SellersExposes sellers to the risk of non-payment, subsequent default and—in some cases—a need to initiate the foreclosure processPuts seller on the hook for repairs and other consequences of deferred maintenance if the borrower defaultsFederal law may preclude sellers from offering owner financing, limit balloon payments and require the parties to involve a mortgage loan originator.All the best!

Forget big boys because they have a large number of assets, proven track record, companies that are credit worthy VS one you are thinking of starting up maybe. 

adopted from a twitter threadOne of the most important numbers to determine your✅Eligibility✅Rates✅Terms✅Pointson a loan for your investment property is your qualifying credit score (or FICO)"FICO" itself stands for "Fair Isaac Corporation" but is commonly used just as a shorthand for "credit score," a measure of your creditworthiness (how reliable you are for paying back debt).There are three main credit bureaus "Equifax, Experian, and TransUnion" and lenders typically use the median (the middle number) score to qualify you.NOTE: not many people are aware, but the credit score your mortgage lender uses is different from your consumer scoreThis score is based on general credit but more weighted toward your credit history on mortgage-related debt.The 5 main factors are:✅Payment History✅Amounts You Owe✅Length of Your Credit History✅New Credit You Apply For✅Types of Credit You Usehttps://myhome.freddiemac.com/blog/notable/20210831-factors-credit-scoreLenders will typically have different credit score "buckets" as a big factor in the interest rate you qualify for, typically something like "660-680," "681-700", "701-720" etcIt varies, but each difference in bucket can have a large effect on your rate, something like 10-25 bpsIt may not be truly logical that FICO should have such a big effect on interest rates on mortgage loans on investment properties but that is the current reality!

During times when banks are risk-averse and reluctant to lend money to any but the most creditworthy borrowers, seller financing can make it possible for many more people to buy homes.

@Dacia Ray If I were going to rent to high risk people, I'd seek out people who were looking to improve their credit-worthiness.  

My lender doesn't care where I get the down payment as long as I have the credit worthiness to approve the loan.

., are they taking care of their units, renting to credit worthy tenets, etc.).