Owner-Builder Construction Loan (Challenging but Possible)Some lenders offer owner-builder loans, but they usually require:✅ Strong financials (good credit, assets, low debt-to-income)✅ A solid construction plan, budget, and timeline✅ Proof of prior experience (renovations help, but formal experience is a plus)✅ A licensed contractor or project manager to sign off on the build2.

My CPA says that I don't need to report the income any differently than I have been so this is a plus (less hassle). 

Wife and I are both self-employed so acquiring a traditional mortgage is challenging based on our "on paper" income.

If you're interested in seeing how that all breaks down from an income and expense standpoint, I created this Sankey diagram to share with you:As for me, I'm planning to leave my w-2 job and take a little career break before deciding what's next for me. 

To boost income, consider mid-term rentals (travel nurses, corporate stays), renting by the room, or adding value with minor renovations.

DSCR qualifies borrowers with rental income rather than personal income, so you don't need tax returns.

Exchange now at 500k over basis into income property with lease back and put option for 300k more. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

for me it was income potential of earning commissions instead of salary.so at 18 I got my RE license.. and while it was a bit of a chore getting going as it is for most agents..

Diversification into multifamily also lowers risk compared to a single rental, as vacancies won’t affect your income as drastically.3.