Quote from @Chi Zhang: I've spoken to my CPA about this and he said it is extremely hard to meet the qualifications, and most investors have enough deductions that this deduction isn't worth trying to achieve.

It's also included in the Rental Qualification Criteria given to applicants.]I provide approved tenants with the utility company information (name, phone #, website, etc.), as well as a link to https://www.fayetteville-ar.gov/4052/My-Fayetteville-Service...

Quote from @Bekhzod Yunusov: I have been finding tenants thru Facebook marketplace, been lucky so far, but I’m plan to buy more properties and manage them myself, how do I find and screen them more professionally without paying anyoneI recommend you include some of your key qualification criteria in the advertisement.

BUT I also use Truthfinder to run my own background check, and I have each prospect complete a pre-qualification form.

If you need to use overtime or commission income then it would be a 2 year wait.By the way, on multi-family, you can also use the rental income from the property being purchased toward qualification as allowable income.

You can rent out your departing primary residence and depending on which type of loan you do use the income to offset your debt for qualification.

Feel free to inquire about their staff qualifications if it's a larger organization.2.

VA loans are made and assumed on qualification.

We meet the standard qualifications for the FHA loan.

Or primarily for sufficient capital for down payment and obtaining a new DSCR or alternative qualifying loan for the target acquisition.Although there are alternative income qualification methods for fixed second loans and HELOC's utilizing bank statements and even DSCR rental income, as the lender risk increases, generally so does the borrower's interest rate.