However, some lenders may have guidelines on how soon you can move in, so it’s worth double-checking if they have any seasoning requirements before converting to owner-occupied status.Refinancing Options – If your goal is to eventually refinance into a conventional loan or an owner-occupied loan, be aware that most lenders require 12+ months of documented 1099 income for qualification.

No other loan option comes close to that. 

Houfy is very inexpensive to list on, and syncs with the other platforms, making it a very quick and cheap way to do direct bookings.

Quote from @Clayton Silva: Definitely helps to get quotes from a few places, problem is that options are shrinking as more carriers leave the state of CA. 

Quote from @William Weston: That would be an option but I have not seen multiple family homes that are big enough for a family of 5.

The platform's main focus is processing mortgage documents in their raw form to extract specific financing terms for all properties in the city.

Another option would be a co-living arrangement utilizing a company like PadSplit.

They can sometimes be more open to funding niche investments like mobile home parks, especially when you’ve got proven cash flow and a solid plan.Another option could be talking to your uncle about seller financing.

Hey Nicholas, thank you so much for the advice, I will give a check on that option. 

@Dustin Sanders We have a couple of options that can still do a 15% on DSCR, but as Stephenie eluded to above, everything else has to sort of line up in a perfect scenario to make it work.