If it's a group let's say students.

Also, per their numbers they are buying for 37 mil, debt 24 mil, equity 20 mil, 44mil minus 37 price = 7 million in closing costs, which is 35% of the total equity, RE commissions of say 4% total 1.5 mil so they are taking 5.5 million in fees up front as well minus the inspections/loan fees etc.

Currently, I have been using my VA loan.

Does anyone have experience with these types of loans?

if this is an owner occupied property and the loan was used by the owner to buy the property to live in.. then they are by federal law able to request a 3rd party mediator to meet with them and a representative from the bank and try to work out a re pay planthe issue is many in foreclosure never follow up on this and basically waive their right to this meeting. that would be step number one get into the federally mandated mediation if the owner and the property qualify.

@Sean Haran- thanks ...if you havent already done this - make sure to get fully pre approved with a lender  in order to make sure you can qualify for the loan amt you think you will need .

For lending, yes, you will be limited when it comes to conventional lending, as those loan products are made for owner-occupied properties.

We do BRR to Buy and Hold no need to sale for that DSCR loan strategy,  your partner should be the bank. 

Does anyone have any recommendations for a real estate agent that has experience with VA Loans (specifically- assumable VA loans)?

From a legal perspective, it seems to be commingling a bit, but I guess it's technically a loan to the business.2) If that's not a viable option, then I was considering a business LOC.