Lenders often consider a percentage of that rental income when assessing your borrowing capacity, which could make it easier to qualify for a new loan.Market Conditions: Analyze the real estate market in both your current area and the area where you plan to buy.

For instance as a lender we are not allowed to send a credit report to a borrower because we are not a credit reporting agency.

@Mike DymskiLender will get a deficiency judgement and go after the other equity in those propertiesSo let’s say after foreclosure or traditional sale the borrower owes $400k, lender will get a judgment and slap it on those other properties and take the equity from thosePeople think “oh well they had them in different entities” - that doesn’t matter as a personal guarantee means they guarantee it and the lender can go after everything that person has including all their other LLC’s.

Quote from @Josh Hollman: Equity loans or lines of credit are just another means of borrowing.

But typically any conventional loan with less than 20% down payment you'll have mortgage insurance, but can either be borrower-paid or lender-paid.It's always good to review your situation with a lender, so you know your qualifications and budget.  

Is there a lender/ lender type anyone recommendeds.Contrary to the mis information provided above, I know of no legitimate institutional lender that will lend money in a situation where the borrower has no capital of his own invested, at least since 2008!

Not an uncommon situation, and depending on the exact details there are still some community lending incentives you could have as a first-time borrower to help with the costs. 

The way I advise my borrower's is to take the savings on your monthly mortgage payment and divide it by the cost to buy down the rate.

What I would do, is get an account with Airdna, (welcome to borrow mine, DM me if needs), filter for your area, export the revenue over the past 12 months, calculate the difference between each month i.e.

I want to be able to borrow against this somehow to give me capital to work on some other development plans that I have.Anyone have any advice on how best to pursue this?