Separating from the Military and Getting a Conventional Loan

[Carson Correll]

Hello, this is my first time posting in here and I'm in need of some help.

So, I'll be making an exit from the Air Force here in the next few months and I'll be moving to GA to help run a Bed and Breakfast previously owned by my father. He passed away in August and my two brothers are currently running it. Right now, aside from the main BnB, we own a small house on the property that we rent out to 3 people. The house is fully paid off, the renters have been there for years and they pay for their own shares of the utilities. Also, the house is so small there is barely any overhead since it was rehab'd about 6 years ago. My wife and I are looking to get a small house around 75-80k. The house we are in now that we'll be selling we should take about 40k after all costs. That said, I've heard that it can be difficult to get a mortgage when your transitioning and have no job. There was no plan to get a job either since we just paid off all student debt, credit cards, and car notes; the only debt we have currently is the mortgage and that'll be gone after selling. Even having no job we would still be able to pay a mortgage because my wife gets VA disability and that's enough to cover the mortgage and living expenses. So my brothers and I were planning on getting into real estate while slowly expanding our BnB events and such.

Right now neither of my brothers are taking a salary/pay as they stay in one of the rooms of the BnB, have food, and entertainment. They are 23 and 26 and don't need or want much past that currently. Would it be best to take a salary from the BnB when I get there in order to show that I have an income? I don't want to take money out of the business especially since I don't need it to live and my brothers aren't taking one but at the same time I do need a mortgage to get a house.

If anyone has more information or suggestions, please let me know.