All very competitively priced to market rates.Beyond that, there are lenders offering programs based on your cash flow into your bank account for people who are self-employed but cannot really document a couple years of it.

Hey Everyone...So we've jumped into the cash-flow rental REI side of things and now are wondering about our employer based plans.  

I've heard Quickbooks is a great way to keep track of business expenses and reports if you are self employed or running a small business. 

Plain and simple.Tenants have rights, applicants do not (aside from the housing police regulations)If your first applicant is unemployed or does not have a consistent two year employment with the same employer (which he does not) he does not qualify and should be rejected without further consideration.  

It helps track all income and expenses per property and is a big help at tax time.For flips (and maybe wholesaling) you'll probably treat all income and expenses like someone who's self employed.

Hi BP,I am fresh bait and am starting out as a wholesaler.

,Neither your income nor your employment history figure into your credit score.

Your lender can review the docs and see if there are any issues with buyer (such as self-employed, high debt-to-income ratio, short time on the job, etc.)

The current situation is that I am self employed as well as my business partner and we are novices in RE business.

If they deny you from that, it's like saying self-employment income doesn't qualify.