Get qualified for the end loan now.

Will all the money put in during the the first calendar year qualify?

However, holding costs would be about $2600/month, and rental income would only be around $2300/month, leaving us with a small monthly deficit until we could get an FHA/Conventional loan as my DTI is too high to qualify for FHA or conventional loans until my income average increases in April.

Is it OK to use HO4 to qualify my umbrella even it's my primary home?

This structure lets you leverage rental income to qualify, without needing traditional income verification, making it an excellent option for building/scaling your portfolio.

The bonus depreciation goes down to 40% next year, so I want to make sure I would still qualify for the 60% bonus depreciation by purchasing the property in 2024, renting it out, but then taking over the managing of it for the remainder of the life of it.  

So many more people on here more qualified to answer this than myself, but my thoughts....Have to focus on areas with existing infrastructure. 

Does anyone know if I qualify for this, if I don't have flood or wind coverage with the insurance company. 

You would need to use a DSCR loan if you plan to combine with LLC ownership or if income/DTI is a problem in qualifying. 

So what is the best way to source qualified local help with these skills.