They might not be able to finance the entire purchase amount like other investors using hard money or private money, but they have been doing it long enough to build up a bankroll that can pay for down payments and repairs.Final ThoughtsThe 70% rule is more of a guideline, not a hard-and-fast rule.

Husband and I are purchasing a property as our private residence that also has a small cottage on it we plan to STR. 

If it doesn't come up, send me a private message.

I’m Gregory, a private money broker at Over the Net Capital.

Typically his projects have been privately funded and smaller than this one.

I will send you a private message. 

Thanks, @Derek Brickley - the houses that we used seller finance and private money are in my personal name. - The commercial property is in an LLC, we get K-1s from the LLCs taxes every year showing that the LLC pays for the expense and is cashflow positive; except for the deprecation we take :) I plan on buying a new primary residence in the next 1-2 years and want to know if I need to have the commercial loan adjusted so that its no longer personally guaranteed.

If you’re in an area with a strong private banking community, that might be your best bet.Hope that helps!

I’m looking at private lending to flippers with a line of credit or using a line of credit to put a down payment on a new cash flowing property (which is extremely hard for me to find right now) but with a line of credit as a down payment I would be financing a new property at 100% at unfavorable rates.

- Are there alternative financing options, like private lenders or hard money loans, that could be suitable for someone with fluctuating income?