This can take some negotiating on your part.Another approach is simply look for a lender that does't base the loan on your income.

Rate seems a bit high (at least ~0.25% I'd say) based on the info you provided and for a 5 year PPP, but that lender might have more info than what everyone here has.

Based on your numbers above I cannot imagine any of this would be an issue however as your DTI should be fine, but no one can give you definitive answers without an application.2. and the last sentence of the above IS the way yo insure a smooth process.

However, in the game of investor relations, and in any game that is based upon actual human trust and relationships, progress is not linear.

Their primary goal is to offload the property, not to hold onto it or get the best possible price.If you're considering making an offer on an REO property, it's advisable to approach it with a clear strategy:Research the Property: Understand the extent of repairs needed and estimate those costs accurately.Know the Market: Determine the after-repair value of the property to ensure your investment makes financial sense.Submit a Competitive Offer: Based on your research, submit an offer that is competitive but leaves room for the necessary renovations.

A good lender will tell your your best options based upon your deal design. 

That would mean part of the base fee.

I'll give my advise based on my understanding of the sitution so hopefully, I understand it correctly: You bought an investment property with a structure (house) on it but which also includes an additional .34 acre lot next to it which is included in the deed and you now want to SPLIT the undeveloped .34 acre from your property and sell it sepearately, do I have that correctly? 

My hunch is that it would require both of us there, and might be the case based on my initial research.

However, when it comes to selecting a lender solely based on leverage it’s important to understand what’s included in each lender’s definition of loan to cost.