Get qualified for the end loan now.

Will all the money put in during the the first calendar year qualify?

Investment Info:Single-family residence hard money loan investment.

However, holding costs would be about $2600/month, and rental income would only be around $2300/month, leaving us with a small monthly deficit until we could get an FHA/Conventional loan as my DTI is too high to qualify for FHA or conventional loans until my income average increases in April.

Residents can pay $1600 for rent and be in nicer areas of Memphis with better food, school, job, and transportation options. 

Investment Info:Single-family residence wholesale investment in Columbus.

Since I’m a general partner on two multifamily deals and I spent over 750 hours on those deals this year, I would use a “grouping election” to qualify as a real estate professional.

Investment Info:Single-family residence fix & flip investment.

For context I know this may land squarely in STR territory meaning as a residence it won't comp out any differently. 

From helping a widowed mother get a fresh start for her and her kids, to the MILLIONS of dollars in assistance we acquired for residents to stay current during covid...