Volume isn't a problem for us because we have built some Chrome plugins and AI solution that does it nearly autopilot.  

Generally, only 1 or 2 years of  business and personal tax returns (depends on how long your business has been around) should be the only additional docs needed for most self employed vs W-2 wage earners.and the items mentioned above are not relevant for a qualified borrowers (and some are down right incorrect). 

I’ve done rehab before and know how to cut costs there but have never built from the ground up.

I simply said the issue wasn't a lease item, but he was welcome to walk over and talk to my tenant...he never did.

That's why I was leaning to foreclosures so I can do full cash (heloc) purchase.The other part I need to get more fluent in is how to document all of those action items in the LLC to keep the corporate veil. 

I had a similar issue as a buyer's agent and I had to go back and forth with the builder multiple times and even back up the closing date because there were a few items to take care of, have your agent represent you on that. 

One additional item to consider is to buy an outdated property, rehab it and refinance it, this way you would have less cash into the deal and higher Cash on Cash Returns.

Another item is, my logic at purchasing this property was to spend less than what I am paying for my current living expenses and it is about there.

So, I took a chance and was completely upfront with her: I was new to this and would be assigning the deal to a cash buyer.Despite my inexperience, we built trust.

Purchase price: $100,000 Cash invested: $100,000 Sale price: $646,000 Built this from the ground up.