A recent example: I was a judge for a financial planning competition hosted by NAPFA (The National Association of Personal Financial Advisors)—a leading organization for fee-only fiduciary advisors.

Located about 1/2 mile from the base of Sabino Canyon recreation area and Coronado National Forest, beautiful mountain views, cut-de-sac, very nice neighborhood.  

Why not use bank debt or alternative lender debt if you don't qualify yet for bank originated debt?

This should be able to help out your DTI assuming 75% of the market rents can fully cover the monthly debt. 

Note origination where the borrower owns multiple properties with little or no debt, needs a loan for an acquisition, but can’t produce proof of income sufficient to get institutional financing.  

Hey Daniel,With that $500K HELOC, you’re in a great position to leverage it for a multifamily property, especially if you can find a deal where the rental income covers your debt payments and builds equity over time.

Debt reductionLots of people only consider the first option. " I am not putting any money in to my pocket month over month."

DSCR (Debt Service Coverage Ratio) loans are popular for real estate investors because they focus on property cash flow rather than personal income.

So I carry effectively 0 debt. 

Rather than getting a wholesale fee or commission, the student got his name on the deal with no debt.