Straight from the Fannie Mae Selling Guide - Verifying Capital Gains IncomeDocument a two-year history of capital gains income by obtaining copies of the borrower’s signed federal income tax returns for the most recent two years, including IRS Form 1040, Schedule D.Develop an average income from the last two years (according to the Variable Income section of B3-3.1-01, General Income Information), and use the averaged amount as part of the borrower’s qualifying income as long as the borrower provides current evidence that he or she owns additional property or assets that can be sold if extra income is needed to make future mortgage loan payments.Note: Capital losses identified on IRS Form 1040, Schedule D, do not have to be considered when calculating income or liabilities, even if the losses are recurring.Due to the nature of this income, current receipt of the income is not required to comply with the Allowable Age of Credit Documents policy.

I have obtained funding, have personal line of credit for emergency and been looking on the MLS for properties.

I already have some property interests there that I obtained through a platform that allows me to buy into 10 SFR portfolios that are co-owned by the managers for aligned interests.  

For example, I come from a family of real estate developers, but I was ambitious to learn rapidly and work for others in the MF development domain, so I obtained my first job (asst. project manager) for a division of KB Home (Kaufman and Broad Multi-Housing) that developed in-house apartment projects.

I think I assumed that data is difficult to obtain and parse through.

I am looking for 2 things: 1) Something like the Deal Desk Analyzer2) Direction regarding obtaining loans that are not conventional; higher interest, 100% financing, 12 month contract.Any help is these areas would be greatly appreciated. 

In any case I would, personally, not obtain a formal appraisal as my method for evaluating the deal.

Does anybody have any experience with obtaining a CMBS type loan for hotels?  

I'm currently talking with hard money and private money lenders about obtaining short term financing that would allow me to buy the property and re-sell it to an end buyer.

The owner of the property wants to obtain private money to pay off the existing loan.