Truth be told, your lender should have looked at the property up front to see that it is an illegal triplex zoned as a single family prior to you going under contract and told that you that it wouldn't qualify for conventional financing...

Many will be well educated on their housing options guided by their brands, teams and universities, and are well capitalized and qualified on a short term 3-6-12 month basis, and I actually had a client purchase a newer townhome in Tallahassee for lease to a football player at FSU..Keep in mind the top earning NIL athletes stretch across multiple men's and woman's sports. 

The system is designed this way.For any tax benefit, for instance the STR loophole, you may qualify in one year, not qualify the next year, then qualify again the year after that.

I would recommend finding a Qualified Intermediary here on BP to ask about these detailed questions.

I’m a residential superintendent in NYC which requires me to live on-site so, from my understating I don’t think I will qualify for a FHA loan on a multi-family because that requires me to live in one unit for a year.

H2 2022- fwd will be high debt and understanding how to operate in that environment is new to a lot of folks, but the chance to succeed and qualify your risk taking is absolutely there.Hold more reserves.

Second Home Loan Criteria: The property needs to qualify as a second home for the lender.

However, the higher purchase price made it harder to find a buyer in that neighborhood, as they had trouble qualifying for the larger loan amount.

A 1.00+ DSCR is typically what you need to qualify and a 1.25+ will get you the best possible pricing. 

The payments to these programs likely do not qualify.