We use a YTD paystub and last year’s W-2(s) to calculate income several different ways:Hourly or salary income calculated to a monthly amountYTD income divided by number of YTD monthsYTD + W-2(s) income divided by the corresponding number of monthsIf these numbers vary too much, then we investigate and require an acceptable Letter of Explanation.Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment to make sure they’ll always be able to pay the rent on time.

Did securing rental income in your current rentals count towards your debt to income ratio when looking for more financing? 

It may be a tough rate for you to swallow, but it may be worth it to secure the properties then refinance in a few years.

This is the cost of doing business.2nd: not having security at your property during and post renovation.

I've noticed many investors initially write their contracts under an LLC, only to later amend the contract to their personal name to secure better financing options.

I'd like to share some insights about the process of finding and securing funding for investment properties especially for fix and flip deals.

It earned about $35K a year, which combined with is retirement and social security benefits, provided him with top shelf top shelf living facilities - assisted living and then memory care.  

While this approach ensures more reliable tenants, it also limits the pool of prospective renters, making it challenging for individuals with less conventional financial profiles to secure housing.Given these challenges, I have decided to exit the Ontario rental market.

You can secure additional funding through pairing it as matching funds.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.