I’ve been steady focus on multi family to create passive income but that idea is starting to seem slim since I haven’t been able to find any within my budget or in a good location.  

We want the to be able to have more buying power later this year as well so we don’t want to jeopardize the debt to income ratio of both of the  partner?

However, navigating the existing mortgage and structuring a deal that aligns with your rental income might require some creative solutions.

@Katie TreacyNot a cpa but I believe it will do the opposite as you should be claiming it as income and paying taxes on it.

A mortgage investment corporation, or MIC, is a mortgage investment and lending company in Canada.

Renting added income to retire.

All investors should consider private money lending as an additional income stream if due diligence is done correctly and the project is a good fit.

GAAP accounting, reporting to the Federal Government every month, and a business mind says: take the loss this quarter while we have income to offset.Account Closed foreclosure where borrower doesn't file BK or lie and change the title or other postponement ....s costs about $55000 today as digital processes and video hearings save time and money.There are better tools today.

We market the home, handle the showings, application, credit and background checks, verify income etc and then submit to the owner for approval.  

There should definitely be options for you using DSCR which many lenders will count your STR income either based on projection or your rent roll.Also, check local banks instead of brokers.