The person subleasing usually is a person that would not be able to qualify for the unit through the normal process.

Depending on qualifying income you can go up to 90% LTV or most attractive terms will be 80% of the value or below. 

DSCR loans have become extremely popular amongst foreign national investors because they do not require income verification to qualify or U.S. credit history (many use local credit history from their home country to verify creditworthiness), allowing for a more efficient underwriting process.  2.

@Joseph WidenI doubt you would qualify for ch 7 with that type of salary and they would push it to a ch 13 which would just reorganize the debts

Most agents are independent contractors and need around 2 years of income to qualify for loans, there are some other ways but this is generally the rule.

Fannie Mae does not have this rule so its easier to qualify.

Mathematical errors: If you miscalculated a deduction or credit, an amended return can help correct the error.Filing status change: If you originally filed as single but are now married or qualify as head of household, you can amend your return to update your filing status.Missing or incorrect income: If you missed reporting income or reported an incorrect amount, you can amend your return to get this corrected.Missing deductions or credits: If there was a deduction that you were entitled to, but you forgot to claim it, you can amend your return to include the deduction.How should you amend your tax return?

U NEED your W 2 to qualify for loans full stop.. as your starting out. so just be realistic time freedom can come with a switch to full time RE agent you will get more free time but RE is very very tough.. and once you go self employeed you need two solid years of tax returns to qualify for funding..

This cap typically remains in effect unless there is a "change in ownership or control" or a qualifying improvement to the property, among other exceptions.

Does it benefit us to structure our LLC for this project to favor his ownership 51% to better qualify for the loan?