ThanksShane If your LO does not know how to calculate rental income from your tax return you need to find a new lender quickly.

They have to initial each line item but lo and behold, they have amnesia when they violate them. 

An REI investor has to have a good Banker or LO that can have a conversation based on prior to and after the fact.

I am also a licensed NMLS Mortgage Banker in Oregon and soon to be in 39 states when I do the UTS test later this month..My LO is inactive in Oregon B/C I only do construction loans in Oregon and its not required to have a license to do those.

I'm not sue i would want to hold a sub to property long term and risk the due on sale clause being called (remote chance I know) while having a renter or a LO on the property.  

A Loan officer cannot alter their loan officer compensation it would violate the LO Comp rule under the "Dodd Frank" regulation. 

Lo and behold, I bought the deposit to the bank with the cash, the teller counted it twice and said it was $20 short.

L/O and CFD are verboten, but not strictly illegal. 

Have had some initial conversation with a LO with Mortgage Calculator Company, LLC. 

Quote from @Hsiang Lo: Quote from @Darrin Carey: @James ZhangThere are some good investor friendly lenders for the Dayton area, and several other states.70-75% of purchase + rehab can be done even if you bought the property for cash initially.For 70% of appraised value, you will need to own the property for 1 year (and a day).