However, there's a loss on the 2023 Tax Returns, and Net Income is $45,000 in 2022 (Client has lots of writeoffs) What loans could I use that only consider:- Bank Statements - 1099s - Credit Score Please contact me with options.

If you aren't going to be living in CR full time as you try to execute the deal I do not think it is physically possible for you to obtain a loan from Scotia Bank and not worth your time to try because the rates are so high. 

Wouldn't hurt to look in to both to give yourself the best chance at finding the best loan product. 

Sounds like you are getting hit with a lender who has overlays and possibly miscommunication between the loan officer/processor to the underwriter.

There are likely work arounds and you will need to discuss with a loan officer.

Deductible expenses include renovation costs, loan interest, and holding costs.

I have a bank locally that will use DOT as collateral for loans.

I ignore the gurus claiming the CMBS is about to explode again and all these commercial deals will flood the market, that's not how it works in our current reality, banks are not stupid, nor are the owners; the banks will work with owners that have those loans and modify them to stabalize the asset. 

For example because New York is a generally more expenisve market, you have larger loan buy downs, bigger dollar appreciation, etc.

Having the seller carry a second is not a problem for the first, as long as their business with you is finished and the loan has closed.