Some lenders do not offer this option for that reason.

If You did get it under contract, would you offer it to someone else with no money ?  

With the right lender, it only takes a couple weeks.Here’s the link for more info: https://www.va.gov/housing-assistance/home-loans/loan-types/...Your current lender may offer this, but check around.I used the VA IRRRL in 2018.I wish you all the best.

Also, what are the seller financing terms being offered?

Once the property passes inspection you submit your lease and the Section 8 agreement and you are in business offering government housing. 

They are offering to rent the property then sublease it for me. 

Seems like there is always something that he can offer and plan a well rounded overall strategies depending on your particular situation. 

I can offer partial or full operation, setup, schedule organization, property maintenance, on-call/out of town coverage.

@Juan De La Garza It wouldn’t surprise me at how crazy the market is, but no, you should be able to fill out an NDA and get financials, THEN you can decide if you want to submit an LOI or offer

I’m now going to share them with you to help you assess and compare the offerings from the different developers.1.