Since you are using the property and renting, you'd want to look into a second home or vacation rental loan programs.

There are ways to offset Passive Income with Renewable Energy Programs such as the Federal Tax Credits, Modified Accelerated Cost Recovery System (MACRS), and Cost Segregation Depreciation, however, Capital Gains is another story.........This is where a skilled accountant is critical.

Should let them know 300% makes them eligible for LOOP program. 

Buying with a NON-QM program is the best way to go about it nowadays, as 1: it won’t report to credit reports, 2: quicker closings 3: it won’t ding your DTI .

@Benjamin Hazlett will need to use a different program.

However, the LLC will not be liable for VA loan mortgage payments.Also remember, any given loan provider DOESN'T CARE about your asset protection, the loan provider only cares about protecting its interest on the payments due.Essentially, a refinance will allow ownership and loan program conversions.Loan transfer restrictions on VA loans do exist, so tread lightly. 

This criteria is for 1-4 and 5-8 unit programs.

Hi BiggerPockets Community,My name is I am finishing my MBA program next May, but I have become extremely invested in learning everything i can on Real Estate. 

We have several tenants that use it, but we are not enrolled in their program.

Not lazing around in a deck chair all day and having checks just flow into your mailbox like they might with Dividends from owning a stock certificate.3) I would love any feedback on what you think are the main forces holding people back from becoming financially free.21% Of the population Is on government assistance- many in here like that and wish there were more because they benefit from the section 8 rental assistance program that these people use to be able to keep a roof over their heads.