DaveDave, I'm hoping you can give some specifics on qualifying for the loan. 

To double the value with a rehab would probably require buying a severely distressed property that would not qualify for an FHA loan. 3.

Many bad renters will offer to pay extra up front as a means of avoiding your screening or skipping to the front of the line ahead of more-qualified applicants.

Since your property has 7 units, it's unlikely you'll qualify for a conventional loan.- **Commercial Loans**: These are more suitable for larger multifamily properties like yours.

My question:Is there any way that I can get a Washington State property to qualify as my Primary Residence (PR) if my job supporting the loan is in Colorado?

Hey Andrew - if you want to leave your W2 now, you can still qualify for financing on deals.

Hi Gregory,Exceeding your DTI ratio can make it difficult to qualify for a conventional loan, but if you haven't considered DSCR loans, they could be a great alternative.

Eventually we plan to rent the ADU for Medium or Long Term rental, and not sure if DSCR loan will qualify for such an arrangement.

For example someone with no experience and 700+ credit may qualify for 85% of purchase and 85% of rehab. 

It is illegal to discriminate against a tenant based on their source of income so I would advise against even mentioning this in any way shape or form.Are you qualified to purchase expensive RE?