I also went down the 203(k) rabbit hole last night and from what I can tell, they will allow you to claim 75% of anticipated rental income but that information was just from a Google search. 400 to 500k does not get you much around here unfortunately.  

.- what if your parents alone get the loan and buy the property, then quit claim deed it to a trust with all 3 of you as beneficiaries. the trust would have a jv / operating agreement outlining everyones percentages and responsibilities. the debt would only be in their name.- every investor reaches a point where their DTI is trashed and they have to move into different loan products. there are tons of lenders out there that specifically work with REIs & have many ways to navigate this. don't let DTI concerns keep you from moving forward. - LLCs provide minimal legal protection in case of an incident. work with an asset protection attorney to come up with a better plan if they are that concerned. also have great insurance and an umbrella policy. 

We'll start hearing about buyers getting screwed and suing listing agents in a few years, and O&E insurance claims will go up.How this ends, I don't know, but it's definitely go to be messy.

@Katie TreacyNot a cpa but I believe it will do the opposite as you should be claiming it as income and paying taxes on it.

With agents that are in the military referral network, I would claim it's almost more efficient (time wise) to do that rather than holding a license in both states, especially with how far Texas is from Nevada.

s=39&t=131c0jHere are a few other places you might try (disclaimer, this is not my list)AHRN.COM...military housingTACARES.COM..for displaced familiesTEMPORARYHOUSINGDIRECTORY.COM (THD)..for displaced families.CATALE.COM..for displaced familiesALESOLUTIONS...for displaced familiesTRAVEL NURSE HOUSING RENTALS by LANDLORD (FB)CORPORATE HOUSING FURNISHED RENTAL LANDLORDS and TRAVELERS (FB)FURNISHED MONTHELY SHORT TERM RENTAL (FB)TRAVEL NURSING CIRTRU(.COM)PREMIER INSURANCE HOUSING..APARTMENTS.COM...ZILLOW..FURNISHED FINDER...FLXLEASE.COM..NURSEBNB.COM...TEXAS RISK SOLUTIONS...PRIESTON AND ASSOCIATES..BROKERAGE SERVICES INTERNATIONAL...NEW ENGLAND CLAIMS SERVICES..VALICENT INSURURANCE SERVICES, INC..

Make sure you have that in writing.It is typically a simple quit claim deed.

Can you quit claim one property into the other LLC?

So, I'm filing a claim with the DRE and the NMLS against FMC Lending hoping no one ever has this experience with them again. 

The pre-settlement era seemingly encouraged buyers to self-represent, lured by the possibility of claiming the buy-side commission for themselves.Now, with this incentive structure altered, it will be interesting to see how the dynamics and strategies of unrepresented purchasing change in the current market.