He will be eligible for Medicare in 6 months.

I've checked out the website for a few days and just now clicked on "Get Started"   I gave them my budget and VA eligibility and location. 

@Martin YatesHere is the direct wording from DSCR guidelines about the situation, specifically regarding seasoning:"Properties obtained through inheritance or divorce are eligible immediately without ownership seasoning to use the appraised value for a cash out refinance." 

It sounds like you have your fundamentals down - I feel like part of your problem is that you are looking at "ON-MARKET" homes which (in California) will almost never cash flow.

Not to mention it would be so much less of a headache and so much less time and energy invested on your behalf, plus much less exposure to risk, easier to manage etc. to just buy a single multifamily for $800k in a good location with strong underlying fundamentals. 

Hi Sandeep, Some lenders have restrictions with owning more than 10 properties in your personal name for eligibility purposes. 

Small business owners that I am aware of (not real estate), who didn’t have business accounts, EIN, and such set up prior to the COVID relief funds weren’t eligible to even apply.Please let us know what you ended up doing.Also, thank you @David M. for posting that link.

Also, the liability limit is good, but I always quote with 500,000 so you can be eligible for an umbrella policy, and it doesn’t take a millionaire to be sued like one!

To start lending your own money to real estate investors, you need to first educate yourself on the fundamentals of real estate financing and investment.

Great post Mike, these fundamentals can be taken to any market.Understanding the traveler demand and needs, seeing where the market may be lacking (and avoiding where they are saturated), then catering to that market.