Some expenses, such as utilities, property taxes, and interest, incurred during this period may also be capitalized.

They were fine with my score (about 740), but have issue with the percentage of personal credit I am utilizing, so that discussion also petered out.Apparently, I have a lending profile right now, that is not attractive to mainstream lending programs.Any advice?

I underestimated utilities in my early years, so I ensure those are properly captured (electricity, gas, water and trash).

S8 standard voucher amounts INCLUDE all utilities.

Eliminate debt, establish a budget, and save.

Or should we just establish our LLC and get financing through a DSCR lender? 

Need more information surrounding why your current lender is suggesting they cannot utilize the rental income on your investment property.

Looking to utilize my equity as necessary as I purchased during the onset of COVID before the prices skyrocketed.

.$8,981 mortgage at 7%$2,918 expenses monthly 33.38% of Gross rental income (Prop mgt, maintenance reserve, utilities, Prop Taxes, Insurance, other)$6,852 NOI/monthly ($2,129) negative monthly cash flow..Same scenario with 50% down, $864 positive monthly cash flowNot saying it's the best use of capital or the only way to do it, instead providing an example using an available market opportunity to share what the numbers look like. 

The “work around” in those states requiring licensure is usually to utilize an incensed mortgage broker in that state as originator/broker while you’re the lender.