I didn't intend to make money right away, per se, with the refi strategy when I said "do it again."

HI Roxanne,It is true you need to be in the business for 2 years but no one talks about the details about how that is documented which is either by:- Looking up CA BRE website consumer licensee information which will show how long you've been licensed- CPA letter to sign/date on you being self employed for 2 + years or 5+ years if you're using Freddie Mac's program since Freddie specifically wants 5+ years to use 1 year tax return- or another third party to verify you've been SE (self employed) like business licenses, attorney's, other auditor or licensesWith regards to income like others have mentioned you can use 1 year tax return to base your monthly qualifying income off of.Freddie mac, like mentioned above is a a conventional financing option but the downside with Freddie is they want 5 years in the business as documented with one of the options above.

We have a great investor community here in SE FL.

Im looking to purchase a group of duplexes that include 10 units on 2 acres and need someone to complete inspections and evaluation of conditions and potential repairs, does anyone have someone to refer in SE Michigan that could do this within the next 2 weeks? 

Based off what your goals, I would suggest AASEW (Apartment Association of SE WI). 

I wouldn't weigh the decision based on SE income, you would want to figure it out based on total income. 

In an emergency, you could even consider filing a lawsuit pro se and then hiring a lawyer to amend the complaint and represent you going forward. 

I miss SE TX and look forward to one day showing my children where I grew up. 

I did not see any SE tax in the Senate Bill like there was in the House Bill.

Ok i get it if your expliantion is accurate then they are not really loaning per se they are doing equity JV deals and no doubt in the operating agreement if you fail at all they simply take over and finish the deal with out having to deal with you anymore.. and again I can't blame them for that method I would do the same if it was 100% my money.