You need to do an accurate loan application with a lender and have them run it through Fannie Mae's automated underwriting system (called DU).

If the answer to the first question is less than 15 and the answer to the second question is very few you would need to ask more investorsIf you don’t have a W2 Income do you have 1099 or self employed income?

@Chase Gochnauer  your the perfect guy to make this work in that asset class. you live there work there probably self manage.. your in the industry etc etc.although the BRRR is still no money in the deal.. and those that do that if they got a problem they will walk to.. its only their credit they lose no cash. 

I'll be a little more conservative in future evaluations, at least until I have more real world experience to base my assumptions on.Also, I'm planning on self managing to start but I get you're point about property management fees.

@Ryan PalYes, your self-directed IRA LLC may invest in cryptocurrency. 

Unless someone died or its stolen, my money says it contains nothing of value and if it does, I would be too honest to keep it - lol.

I’m a self employed guy and I forget what line it is that they use.

I don't know if you have a specific reason for using an IRA vs. self directed solo 401k - if you can go the 401k route (self employed) then you have some serious benefits such as much higher contribution limits, less reporting requirements, more investment options etc.

One is investing and the other is a self employed job.

What data elements are required to submit on a pre-approval application?