Different lenders can have very different lending requirements based on your profile, don't give up just because one has rejected you. 2) How much equity do you have on your current property?

Philosophy aside, here is my financial plan for you:Buy this place in Raleigh, NC (I don't know where you will actually be employed, so I started with the town in your profile):https://www.realtor.com/reales...If you can get it for 270k, you'll own a duplex that'll cost you about ~2300/month to own, assuming we look at the house hack like the long term rental it actually is :)  I'll post my numbers below.

Or you can look at his profile and visit his company web page.

The numbers look terrific and I would do this deal every day and all day long as long as there are not bad factors in this deal that are not related to the numbers.Your profile make is appear you are in the San Francisco area and I would like to know where how you can gat a 2200 sq ft property for $249,000 that rents for $2900 per month.

I own a duplex in Southside that does very well (its listed in my investments on my profile page if you're interested). 

I’ll consider your questions and update my profile.

Due to the fact that it's owned by an LLC and asset and lending is based off of the property's rent roll, it will be eliminated from your debt profile and then you open up room for another acquisition.

I will definitely get my profile up to speed and start using this forum often.

I have numbers on my deals in my profile.

The current rent is $595, a house of similar profile about two blocks away is renting for $750 so I believe the rent is low currently on the property we are looking at.