Lenders will not consider your personal DTI to qualify.

My partner and i are ready to purchase and need to be share it is legal to have an STR in these areas and what needs to be done to be legal. 

If so, how do you personally plan your tax around it?

@Genny Li- agreed, our wedding opinion does not matter much, I’m also giving some thought to just making it our personal house, lots of mature trees, a full acre lot, 2100 sq ft, sell the Houston house, that bumps us from 1700 to 2100 sq ft , and a 6200 sq ft lot up to 42560 sq ft lot.

Purchase price: $155,000 Cash invested: $215,000 Sale price: $417,500 This single family home project was a personal flip project.

Share the risk and the reward.

Hi @Kent Kettell, assuming you're running the numbers on your end, any loan offer that enables you to acquire the asset given your level of cash reserves and reach your target ROI at the expected project duration, net of financing costs.If you don't already have a useful calculator to assess cost and profitability associated with fix & flip projects I'm happy to share a copy of ours!

I just think about this Norada Note situation that has been talked about at length on BP.AS I have stated I dont know Marco the owner personally never talked to him never e mailed him never met him..

Honesty and integrity are just a few words that best describe my commitment to growing personally and professionally. 

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