Was it easier to qualify based on the property’s cash flow?

That kind of thing :)In defense of the dumb, I have been saying we are in a bubble since 2009 but I have been blown by by many investors I think were less qualified bigger egos etc. 

This building should fall under that, but since the upstairs apartment is gutted, would this property still qualify? 

Alternatively, you could pursue a hard money loan for rental financing which wouldn't require certain rental income to qualify. 

In that case you could live in one (assuming you qualify of course) using owner occupied financing on that particular property and investment financing on the other three. 

Some lenders will ask for a qualifying event like a marriage, divorce, or move to another location.

But we won’t qualify for a primary residence refi anymore, and I’ll need more equity to refinance as an investment property.Future investment goals: I want to own rental properties in the future, but I’m not sure if holding on to this one (which we already have) is the right move, or if it makes more sense to sell and build up savings for a better investment down the line.I’d really appreciate any advice on what I might be overlooking here.

Although, if they do not have stable income, based on our requirements (3x monthly rent) the sister alone would not qualify.

I am sure there are qualified people to train you, but I would warn you to have anything Pace Morby or anyone else teaches reviewed by your attorney.  

We would like our home year three to be FHA as well.Hey Leah, when it comes time to refinance you can as long as you qualify for a conventional loan with a credit score of 620 or higher and have 5% – 25% equity in the home.