SBA may have a product with owner occupied loans

That's the loan product I've been calling around asking about.

@David PereIf Alex gives me a hard time I’m just going to throw beer and hair product at him until he calms down haha.

You and I have different views on this and I don't know nearly enough macro economics to have a productive discussion. 

If an owner is looking for just one roommate, and it's a nice place, rent can be $1,000/mo.Re: loan types: there are conventional loan products that allow for a lot less than 20% down.

Call and ask local realtors, act like a buyer and actually go see product in that submarket. 

I sit and research loan products for investing all day for fix and flips in New Jersey. 600 is often the minimum credit score I see for fix and flips.

Are there any cashout refi products available to her and vets like us?

In most cases those things are 80% modem, 20% router because there’s only one part of that product that makes your ISP money. 

Typically there is a distinction between vacant property than a tenant occupied property as far as insurance goes...the vacant property premium is higher although, if you are doing a turn-over, that shouldn't prorate out to much over the course of a couple weeks or however long you are vacant.