I'm going through the FHA process because this is a loan assumption and able to get a very favorable rate.I'm wondering if anyone has gone through this process being a pure real estate investor (no W2 or other income) and how they would handle this situation.

Welcome to bidding in North Carolina, dropping this thread in here too.https://www.biggerpockets.com/forums/921/topics/1162715-due-...I vented my case, and it's pure ******** for this market.

Is it purely about the cash flow?

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Obviously it's a pure investment STR, that proposed law could change things.

If you have a pure private lender that is local or one that operates as a real PML or private money lender you will and can avoid these pesky credit min scores, credit history, or other requirements that the institionalized HML/PML sources require you to have.The rate/points may be higher but such is life.

Looking to get out of the active landlord business and exploring pure DST vs. 721 Exchange.From my limited reading, a DST-721 Exchange seems to be a better option except it is a one-way door (no exchange back to DST or 1031).Looking for some inputs, comments and gotchas in evaluating both options.Comments on upfront and ongoing fees are especially welcome :)Thanks in advance !

This is a portfolio loan offered by local credit unions where you can buy up to 5 pure investment properties with as little as 5% down if you qualify, which you do have to qualify still with DTI, credit, reserve requirements, etc.  

Personally, I got my license for purely selfish reasons first - then started representing clients and fell in love with the relational component.

Until recently I have house hacked. Getting preapproved and then submitting offers. Hoping to acquire duplex or quad this coming year but would be happy with 3/1 or 2/1. Should the process be the same? Since the loans...