A good LO will educate their client where they need to be educated so that they are protected.

You need a loan officer that regularly works with investors that knows the proper way to calculate DTI, because quite frankly, many LO's don't know how to do this and even some underwriters need to be schooled on the subject as well. 

To be honest, loan officers that are not used to working with people with rentals don't always get it right in terms of the correct calculations, and other LO's are lazy, just saying.

https://www.nbcdfw.com/news/lo...Using private money and hard money will be the most expensive thing you will do and will add greatly to the cost of your home.   

Meaning - having a mortgage broker look over their situation so you know EXACTLY what they need to do qualify by the end of the L/O term. 3.

@Antonios DiakonikolasI am an LO for a hard money lender in the NJ area.

I will NEVER buy on a LO ever again.   

Quote from @Jerry Lo: I was given a lease template that one of my real estate friend uses.

For starters:1 - The LO must be two separate contracts, with no mention or connection of each one to the other within their contracts.2 - There is no such thing as a "down payment". 

LO has to be licensed in the state.