Maximizing Loan Amount

[Kyler J Sloan]

Does anyone have tips for maximizing a first conventional loan amount?

I want to do this because the market I have chosen is a STR vacation area, and the properties with more bedrooms and bathrooms have a better ROI, and I would like to use the rental income produced by it during its first 6 months to help qualify for a second property at the start of 2022, as this income has to be reflected on at least one tax return.

If I were to qualify now, I should be able to get $310 K. 

If I were to wait until after my raise, I will be able to get about $400 K. 

By using the projected rental income in addition to this amount, I should be able to qualify for $600 K. 

However, the ideal properties in this area run between $700 K or more. 

For this reason, I am trying to find ways to boost the amount for which I am eligible. 

Any tips would be much apricated.