Hello, my name is Julian. I am a licensed realtor based in Atlanta, Georgia, and I am currently working on obtaining my mortgage origination license. I am 14 hours into the 20-hour online course offered by "RealEstate...

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

If you are going to be an owner-occupant, want a low down payment, and are planning to do a renovation, the FHA 203k and Fannie May Homestyle loans are your best optionsHow do you know the property is currently upside down on the mortgage? 

We've utilized the VA loan for our current home, and this strategy has worked well so far.

Quote from @Jarrod Ochsenbein: I purchased an existing Padsplit with a DSCR loan. 

You may not be able to easily separate that property from the loan to make that happen. 4.

Are LPs entitled to see foreclosure, bank loan related docs?

Required good credit, adequate reserves, full doc commercial loan with a personal guarantee.  

Texas does have specific rules regarding home equity loans and cash-out refinancing (often referred to as "Texas Equity Section 50(a)(6)"), but these don’t prohibit homeowners from using funds for investment properties.

Since you will be renting it out you should get a conventional loan.