B2R Finance vs Partnership - Which should I choose?

[Melissa Searing]

A rep from B2R Finance emailed me and said that they will be offering a 30 year fixed loan for single-family homes starting this August, and they do not use income or W-2s for financing. They use the property's cash flow and require a 680 credit score. Does anyone know how much cash flow they expect? I am unable to get conventional financing on my own since I have not been at my job two years. I plan to house hack and live at the property, but my question is, would it be better to use B2R Finance...or partner with a family member on a house and use conventional financing? Here are the details for the B2R program... -30 year fixed rate term -Rates between 5.5-6.5% -Prepayment penalty for first three years of term -Minimum loan amount of $60,000 -Up to 75% LTV Also, does anyone know if getting a B2R loan would disqualify me from being a first time homebuyer with Fannie Mae?