I completed a form online and a couple of weeks later, received a call from an FHA mortgage originator in Cranston, Rhode Island. 

@Percival P.I’m not all that familiar with VA loans so will refrain from giving advice but here’s a couple things to maybe look into: can you take title and receive the loan yourself and then later contribute it to the LLC and your partner contributes cash to the LLC in equal amount so that you are both equal partners just contribute different kinds of property?

I'm sure that you will receive people commenting will be on both sides of the fence. 

The owner and we as managers are indemnified, and we receive notice from insurance carrier if tenant is ready to lapse.During the last 20 years we were named in a suit 2 times. 

The least thread offering marriage advice wasn’t well received. ( For what it’s worth I bought a property with my ex, then married him, and I’m now divorced).

We received the bill and it was for $23,000.

After said letter is received from the credit bureau then the loan would then be removed from the individuals personal credit and be transferred to the LLC credit.Is the scenario above a true scenario?

I’m assuming it depends on how much push back is received from the seller, but I appreciate any advice you may have on this.

I’m assuming it depends on how much push back is received from the seller, but I appreciate any advice you may have on this.

I really appreciate all the feedback I've received so far on this post as everyone's input will definitely play into my decision about whether or not to get my license.