This is a Non-QM loan that only some lenders will have the product available and also have experience doing.

In fact my new loan officer was one that declined the loan 10 years ago when he was at a much more conservative bank.

The VA home loan is an amazing product- I'm a veteran myself and own my own home on a VA loan.

I'm trying to find the right lending product (fixed, long term) to wrap up at least #1/2, pull a little cash out, and use equity repeatedly. 

I would recommend a Freddie Mac product called CHOICErenovation.

I hope everyone has a safe and productive week.

Duplexes, triplexes, and fourplexes have different down payment requirements with different loan products, so get on the phone with a lender and ask a lot of question.

Not sure of the advantages of buying under the LLC will be when you can most likely get a more favorable loan product and lower interest rate with a personal mortgage rather than what will be a commercial loan under the LLC.I'd suggest picking up a househack 2-4 unit property; you all can live in 1 unit and rent out the remaining.

With photos of her birthday party, I declined and told her they made the mess and now they owned it. 

Work with a lender to figure out how much you can afford, what the best loan product will be for you, and what the cost-side of the transaction will look like.