We use a YTDpaystub and last year’s W-2(s) to calculate income several different ways:Hourly or salary income calculated to a monthly amountYTD income divided by number of YTD monthsYTD + W-2(s) income divided by the corresponding number of monthsIf these numbers vary too much, then we investigate and require an acceptable Letter of Explanation.Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment to make surethey’ll always be able to pay the rent on time.

There are obviously exceptions to this depending on the loan product but take rocket mortgage for example.

The hope is to build experience and open more doors in the future for new builds.I also just had lunch with a banker on Friday who said they have been opening up and relaxing on real estate again…for everything except non-owner occupied construction - that is still a no go for them.

Good lesson, except I would change the words "some sort of active income", to a "specific active income". 

The Holding Fee is nonrefundable with only 3 logical exceptions. 

Most loans are not assumable (VA is an exception) and I've never heard of a HELOC being assumed.

So I called the number on the VRM website, and their customer service agent basically couldn't tell me anything, except to go to the listing page (on the VRM website), and click for financing.  

(Roth's being an exception.)CPA Tom Wheelwright has a chapter on this in his book Tax Free Wealth and agrees with what I just noted. 

East Ellijay = No STR AllowedDowntown Blue Ridge = No STR AllowedWhite County = Special Use Permit (YUCK) - Helen city limits is the exception, STR allowedPretty much all of the other counties are STR friendly or don't have an ordinance (Yet), but everything I'm hearing is positive, so...I'm not too worried. 

The surrounding cities do exceptionally well too and this area is one of the fastest growing destinations in the country. ”Kalispell has just been ranked the number 1 fastest growing micropolitan city out of 543 in the United States” per Kalispell chamber of commerce.