There is no income no doc ground up construction financing available . 50% of land covering 100% of construction 

My hourly rate is very low, and I make most of my income from over time.

Hard Rock takes almost half the income (acting as property manager) and we do get 28 free days a year (hardly used).

I have a huge personal mortgage (P,I,T,I) that currently takes up around anywhere from 25%-38% DTI depending on how you calculate gross income.

They provide passive income if you invest at least $25K with them and they use it to buy, hold, and sell airBnb-able properties.

There are some construction loans that will fund up to 90% of the build costs with qualifying income but again my debt is just so high because of these other mortgage payments on my credit.Somebody help give me the answer I'm looking for so I can create this unique stay!

This maximizes rental income while you crunch the numbers, ensuring positive cash flow after factoring in all expenses.

Generally speaking I advise people to take on less debt as they get closer to their retirement age -- it reduces risk, and provides more cashflow -- often exactly what retirees or near-retirees are looking for. 

Buydowns also may be more appropriate for people who have stable income set to grow over the life of the loan, making it easier to keep up with payment increases once the initial rate period ends.But again, timing matters.

DSCR is great for Self-employed borrowers or business owners who write off a lof of debts and show little income.