, Im no expert but normally if you have a decent credit score, steady employment history and %3 + down payment you could qualify for a loan .

Hi,If I want to maintain a healthy DTI for a primary residence conventional loan in a couple years, what should I be aware of, or what strategies must I employ?

I sent you a connection request, I have some experience in both lending (traditional and private) and investing (self and professionally employed).

Oddly, foreign national loans are very efficient as there is often limited income and employment verification. 

If you are going the traditional route you will need to supply (2) years W2's or 1099 income unless you have been self-employed or the business has been open for 5 years - them you can use most recent year.If its only business income it can be tough if you have tons of deductions and show little in NOI.

A lot of self employed property managers I know come from 2 paths, either they worked in property management under another company, gained experience, and left to do their own thing.or they had their own property and learned on the fly until they were big enough to start taking on 3rd party stuff. 

Hi guys, I am self employed with no proof of W2s, i make a living buying cars at dealer auctions and leaving them on a local used car lot on consignment, I have $30k liquid and around $90k tied up in my current vehicles, usually my  vehicle inventory is sub 11, I want to get into the real estate game but in my situation im guessing its hard to get a good deal in getting a loan, I am single, no debt or responsibilities , ideally i would like to start with a single family home but in the current market so high i would even consider condos/town homes.

So is a cost seg for accelerated depreciation only beneficial for REPS or non-W2 investors (eg. self employed or contract worker)?

I do plan to self manage since its in my hometown; however, I am planning for property management as an expense in the event I move to a bigger city for better employment.

I will also have a hard time refinancing, because I am 1099 self-employed (full-time musician).