HMLs Houston

[Amber Koontz]

Good Afternoon I've ran into a little setback. Initially I was looking to use a hard money lender to rehab a property and then refinance the property for better cash flow. I'm looking to hold each property that I buy 5-7 yrs. (I have none right now) I've found out that my business expenses on my tax detail from last year were a bit too high to enable an approval to refinance. My credit score is good, I have reserves, and I'm analyzing deals everyday. I'm thinking my other options are seller financing and things like that. What I'd like to do is proceed with the HML and hold it until I can provide my new tax detail, which will show way less business expenses, and refinance. Any thoughts? My current HML doesn't require the 1 yr seasoning, but I have heard Brandon Turner mention that he holds his under the HML at least one year.