Sometimes you claimed a lot of repairs on your 2014 return but not your 2015 return so showing a 2015 return will allow your loan approval to be shown in the best light to an underwriter.Since its now 10.25.16 and we're 10 days past the corporate return filing period of extensions I would assume you have your 2015 returns.If the income is good you can use that income, if not there are ways to document the use of the other income method of 75% of gross - PITIA if you did substantial repairs to your properties upon purchase or if the tax returns were not an accurate depiction of actual income, whichever method is best from a qualification stand point.

@Kevin Darrell  - I will send you a PM and we can chat/talk about your requirements and my recommendation of someone who has worked extensively for me in metro Atlanta.

If it is as simple as getting a doc-u-signed extension then it seems crazy. 

Perhaps an extension of the maturity and a forbear of the interest.  

Let's just say for instance you buy a $500k multi in Chelsea today.

For instance you will help procure the new renter and only be charged half a month rent as a penalty for breaking your lease. if it doesn't try to renegotiate the lease.

For instance, you don't say how much you plan to put down or how much of a loan you're trying to get. 

Very extensive network.

I'm not really a private lender... yet) for a very short time and want to make sure I understand the calculations correctly.Amount: $10,000Terms: 30 days max (guaranteed 30 days worth of interest), 30 day extension if needed.Interest rate 12%Story: It's just a bridge loan in case the closing gets delayed.  

I am therefore thinking about a service (Website or Excel spreadsheet) which would help investors find where the best yields in the country are based on extensive research.What do you think?