If you order a conventional loan product but really intend to use the property for investment-related purposes, you're lying to the bank.Naturally, this all depends on what kind of loan documents you are looking at, so you need to speak to your attorney on what consequences applying for/signing your loan documents will have and what you are actually authorized to do under the loan product you order.

I am active duty military and thinking about leaving the service at the end of my contract (in 5 months) to go back to school and finish my bachelors, as I only have one semester left, in which I would be using my GI bill, and savings, to get through school and enter the technology field.

The two that I looked into both use a cryptography technology that allows you to generate one time access codes from their mobile app.

I think he was lying when he said interest rates have gone up since the application.

I ended up paying full market value based on information in the advertisement that turned out to be a lie. 

https://www.theatlantic.com/technology/archive/2019/03/what-happens-when-you-find-cameras-your-airbnb/585007/

LYING!!!!

I have successfully obtained my Real Estate license for the State of Alabama and I hold a Bachelor of Science degree in Information Technology.

You would need to have some type of refinance in place after 6-12 months....similar to Hard Money.But if you are analyzing a Line of Credit vs. 30 year fixed rate loan the comparison would really lie with if you are ok with an adjustable rate or not.So a 30 year fixed rate cash out loan will give you all of your money right now. 

They lie, they all do.