Living in a rural community seems to present some opportunities.

Without limits, STRs tend to eventually get banned altogether as they erode the character of the community.

One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊

Charleston has a very robust investor community.

Some of the bigger communities will pop up first but if you scroll down a bit, you’ll be able to find some smaller/independent companies.

I BELIEVE @Dave Foster said there was an exemption for community property states.

Welcome to the community, Derrick! 

Looking forward to becoming a productive member of this community.

Or, you can call your local credit union and they will likely either have an application to fill out or start asking you questions, and they should guide the whole process from there.

I am a mortgage broker looking to help the BP community.