AirDNA finally did it.

I plan on saving my income and applying for a FHA loan next year.

To make a really long story short, I have just completed a Short-Sale of a single-family home a business partner and I built in Horseshoe Bay, Texas, right outside of Austin, Texas.Our Operating Agreement states that we are to split 50%/50% of all expenses within the business and treat any unexpected monies due as loans and paid back equally amongst the partners.

However, we are considering attacking the higher loan amounts and the loans with a higher interest rate?

I'm looking at finance options to purchase an entitled lot in Truckee, CA and build a SF modular home on it as an investment. The plan is to sell once completed.
I have a GC, and a lot identified.
Would anyone have ...

This deal was financed with a 10% down second home loan.

Loan term 6 months.

@Timothy Grothuesmann  your point 1.. is OK I have seen this many times and have done it.home owner does not have the cash but they have a loan lined up.. they want the house they come to the auction see who buys it. 

That's the kind of talk you'll hear from every get-rich-quick guru on the planet, kind of like "7-Minute Abs" or Hydroxycut weight-loss pills.Just look at what he promises: you don't need to use your own money, you don't need to inspect the properties, you'll spend very little time on the deal, you aren't personally liable for the loans and debt, you'll work less and earn more...This can all be true if you know what you are doing.

I was wondering if anyone knows of loan products out there that are beginning to look at or accept this income for DSCR?