Quote from @David Cherkowsky: Quote from @Sasha Mohammed: Hi David,There are lenders that will allow you to purchase via a DSCR loan using STR income to qualify.

However, capital gains tax (if not exempt) and transaction costs could eat into profits.Cash-Out Refinance- If rental income covers both mortgages, this could scale your portfolio faster—but be cautious of higher mortgage payments and interest rates.If you have any other question, send me a DM or email!

An existing duplex provides immediate rental income and proven market comparables, reducing risk.

My approach balances both—ensuring that my investments generate income while also appreciating in value over time.

Not sure if that is the case for you or if you are worried about burnout but if not, I would continue making extra as a nurse which will help with getting you approved based on income for future homes. 

We’re actively working toward building a real estate portfolio that will generate passive income and create financial security for our future.

Considering the OKC market's rental income potential and the favorable economic and real estate trends in Oklahoma City, it represents a promising investment opportunity for real estate investors seeking stable returns and potential appreciation. 

You have no income. 

.: Here's a good guide with links to the law: https://www.tenantresourcecenter.org/earnest_moneyIf you charge $25 and the credit screening costs $10, you can keep the $10 as income.

This appears to be a 'transfer tax' instead of an income tax.