Hi everyone, I am an agent and would like to buy my first home, (the irony, I know) I've done quite well my first year in the business, however I want to know if it is possible to qualify after only 1 year of tax returns?

This means if rent has gone up it is due to increasing expenses across the board including the costs to repair properties.

If you don't want to stick with the day job you may want to consider researching a creative option that doesn't require you to qualify for a mortgage, like Subject-To.

Only a SFH qualifies for 100% financing. 2. 100% financing can't be used for investment properties. 3.

Though it would be essentially paying myself, I'm hoping that might be hands-off enough to qualify. 

Consult a mortgage broker to find out what you can qualify then go from there.

There’s a type of loan called an FHA loan where you could qualify for a low down payment.

If so, are there any requirements that need to be in place to qualify for the other address?  

But if you claim this on your tax returns, and your tax returns are used to qualify for future properties, then those depreciation items are added back to your qualifying income. 

there are many ways to skin a cat.....one thing you could do is flip some residential properties until you have 160k.