Travel Therapist and Lending!

[Matthew Callahan]

Hello Fam! I am a travel Physical Therapist, along the same lines as a Travel Nurse. I have had the WORST luck with finding a lender to assist me with refinancing A free and clear home I have in order to take the lump sum to the next project of portfolio building with buy and holds.

Just brief example:  With travel you may get $15 hourly then tax free stipends (which seems to be the killer for loans) which include lodging, food, travel etc.  Together this will give me a weekly pay check of say $1200 or better after taxes.  I have ran my credit with approx 3 lenders and they all are unable to use the tax free stipends even through its shows up on my pay stubs every week for approx 4 years now.  I understand that since these stipends do not show on tax returns they are unable to proceed with it, but I guess I wanted to see if anyone knew of someone that may be able to do in house or possibly portfolio loans out there?

My tax home is currently in FL where I have a duplex that cash flows in Panama City and a single family home in Central FL that I look to rehab and refi-cash out.  I dont want to progress with rehab until I know for sure I can refi out which has been holding me up.

I appreciate any feedback!  Thanks!