In 2014 I was able to get a loan modification on a rental and of course I got 1099'd for the debt reduction.  

It really gave me a better perspective on money and how to look at debt.

I would consider investing with Patch of Land but their offerings are mostly short term debt for fix and flips, and personally I like larger equity deals with longer term holds.

Someone posted on a thread last week that their company offered loans for residential multifamily mortgages based on the cash-flow of the property and not the personal income/debt of the buyer.

Someone posted on a thread last week that their company offered loans for residential multifamily mortgages based on the cash-flow of the property and not the personal income/debt of the buyer.

How are you thinking you will finance this since that will affect your debt cost and ultimate profitability?

VA Loan- they have a rule that they don't count GI Bill education pymnts which has us losing a chunk of our income and puts us under the 35% debt to income ratio.

:Try going up to 100 people on the street with a normal job and saying "I'm over a million dollars in debt and I couldn't be happier. 

Fannie Mae and Frddie's Macs (HA) is about 45% debt to income ratio.

My financial situation is as follows:  No debt except Personal Residence, Home Equity Line of Credit - 100k, 40k cash, 700+ Credit Score.